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<p class="MsoNormal"><span style="color:#1F497D">Also, contact your title insurer before the transfer, and get an endorsement to your title policy confirming that the owner’s title insurance coverage continues to insure the company with the new name.<o:p></o:p></span></p>
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</span><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#DD4814">|</span><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#645D54"> real estate e-forum</span><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#1F497D">:</span><b><span style="font-size:10.0pt;font-family:"Arial",sans-serif;color:gray">
</span></b><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#1F497D"><a href="http://northwestlandlawforum.com/">www.northwestlandlawforum.com</a> </span><span style="font-size:9.0pt;font-family:"Arial",sans-serif;color:#645D54;letter-spacing:.5pt"><o:p></o:p></span></p>
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<p class="MsoNormal"><b>From:</b> wsbarp-bounces@lists.wsbarppt.com [mailto:wsbarp-bounces@lists.wsbarppt.com]
<b>On Behalf Of </b>Maureen Wickert<br>
<b>Sent:</b> Wednesday, April 15, 2015 8:58 AM<br>
<b>To:</b> WSBA Real Property Listserv<br>
<b>Subject:</b> Re: [WSBARP] Change Name of Title Holder<o:p></o:p></p>
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<p class="MsoNormal"><span style="color:black">It is best to record a new deed showing the transfer of the property from the old LLC's name to the new LLC's name. Being a mere change in identity, WAC 458-61A-211 should apply as an excise tax exemption. You
should also notify the title company who issued title insurance when the old LLC purchased the property, if there is one. Later on, a title insurer problem will come up when the property is later sold. I had to correct title to real property for a client
who came in with an LLC showing its current name and real property in its former name. Did ownership of the LLC change when the LLC changed name? If so, look at WAC 458-61A-101 concerning a possible taxability issue with a change in ownership of a LLC with
real property as an asset.</span><span style="font-size:12.0pt;color:black"><o:p></o:p></span></p>
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<p class="MsoNormal"><span style="color:black">Very truly yours,<br>
Maureen A. Wickert, Attorney at Law<br>
<br>
WICKERT LAW OFFICE<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="color:black"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="color:black">14900 Interurban Avenue South, Ste 255<br>
Tukwila, WA 98168<br>
Phone: 206-859-5502<br>
Fax: 206-260-9005<br>
<a href="http://www.wickertlawoffice.com">www.wickertlawoffice.com</a><br>
<a href="mailto:wickertlaw@comcast.net">wickertlaw@comcast.net</a><o:p></o:p></span></p>
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<p class="MsoNormal"><b><span style="font-family:"Helvetica",sans-serif;color:black">From:
</span></b><span style="font-family:"Helvetica",sans-serif;color:black">"Catherine Clark" <<a href="mailto:Cat@loccc.com">Cat@loccc.com</a>><br>
<b>To: </b>"WSBA Real Property Listserv" <<a href="mailto:wsbarp@lists.wsbarppt.com">wsbarp@lists.wsbarppt.com</a>><br>
<b>Sent: </b>Wednesday, April 15, 2015 8:36:14 AM<br>
<b>Subject: </b>[WSBARP] Change Name of Title Holder<o:p></o:p></span></p>
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<p class="MsoNormal"><span style="font-family:"Helvetica",sans-serif;color:black"><o:p> </o:p></span></p>
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<p class="MsoNormal"><span style="color:black">Listmates:<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"> <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">I represent an LLC which has changed its name after it purchased the property. A notice of name change was filed with the Secretary of State. However, its real estate remains in the old name.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"> <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">My initial thought is to record a quit claim deed to change the name unless any of you smarter people than me have a better idea.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"> <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">All thoughts appreciated.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"> <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black">Thanks.<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:black"> <o:p></o:p></span></p>
<p class="MsoNormal" style="mso-margin-top-alt:auto;mso-margin-bottom-alt:auto"><span style="font-size:10.5pt;font-family:"Copperplate Gothic Light",sans-serif;color:#1F497D">Catherine C. Clark<br>
Law Office of Catherine C. Clark PLLC<br>
701 Fifth Avenue, Suite 4105<br>
Seattle, WA 98104<br>
Phone: (206) 838-2528<br>
Fax: (206) 374-3003<br>
Email: <a href="https://web.mail.comcast.net/zimbra/JAVASCRIPT-BLOCKED_e(%7b%7d,%20'cvml',%20'cat@loccc.com');" target="_blank">
cat@loccc.com</a></span><span style="color:black"><o:p></o:p></span></p>
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If you are not the intended recipient, or the employee or agent responsible for delivering it to the intended recipient, you are hereby notified that any use, dissemination, distribution or copying of this communication is prohibited. If you received this
communication in error, please immediately notify the sender by telephone at (206) 838-2528. Thank you.</span><span style="color:black"><o:p></o:p></span></p>
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