[WSBARP] Deed to Family Partnership

Bryce Dille Bryce at dillelaw.com
Thu Jul 25 15:51:30 PDT 2024


I have been told by the title companies that a partnership of itself should not be named the grantee but instead the partners should be named as the grantees and then DBA of the partnership that there is some question as to whether a partnership since it is not an entity in and of itself is incapable of holding title to real estate the real estate can only be held and the name of the partners doing business as the partnership therefore I would check with the local title company to make sure that transfer to a a partnership alone will pass muster thank you

Bryce H. Dille
Dille Law, PLLC
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Olympia, WA 98502
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From: wsbarp-bounces at lists.wsbarppt.com <wsbarp-bounces at lists.wsbarppt.com> On Behalf Of Mark Anderson
Sent: Thursday, July 25, 2024 3:45 PM
To: WSBA Real Property Listserv <wsbarp at lists.wsbarppt.com>
Subject: Re: [WSBARP] Deed to Family Partnership

I would just name the family partnership.  But be prepared to provide details in a supplemental statement attached to the REETA.  In addition to documentation to support the conveyance from the probate estate as required by the WACs, you may also want to provide documentation regarding the makeup of the family partnership to show that there is no reallocation of beneficial interest in the property.

Mark B. Anderson
ANDERSON LAW FIRM PLLC
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Tacoma, Washington 98402
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From: wsbarp-bounces at lists.wsbarppt.com<mailto:wsbarp-bounces at lists.wsbarppt.com> <wsbarp-bounces at lists.wsbarppt.com<mailto:wsbarp-bounces at lists.wsbarppt.com>> On Behalf Of Jeff at bellanddavispllc.com<mailto:Jeff at bellanddavispllc.com>
Sent: Thursday, July 25, 2024 12:11 PM
To: 'WSBA Real Property Listserv' <wsbarp at lists.wsbarppt.com<mailto:wsbarp at lists.wsbarppt.com>>
Subject: [WSBARP] Deed to Family Partnership

Listmates:

I need to deed real property, from a probate estate, to a family partnership owned evenly by the four residuary beneficiaries, of the estate (who shared equally).  Do I list the grantees as the four individuals dba family partnership or just name the family partnership?

Jeff Davis

W. Jeff Davis
BELL & DAVIS PLLC
Attorneys at Law
P.O. Box 510
720 E. Washington Street, Suite 105
Sequim WA 98382
Phone: (360) 683.1129
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