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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72" style='word-wrap:break-word'><div class=WordSection1><p class=MsoNormal>Hello Braintrust,<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>I was approached by a potential client to transfer an element of their real property, a fractional undivided interest in another parcel with waterfront access, to another parcel that the potential client owns.<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal> My first thought is that the transfer could be accomplished by a Quit Claim Deed because i) the element in the property is a possessory interest (i.e. not an easement) and ii) this is an acquirable distinct element of the property that is transferable and iii) not a subdivision/ boundary line adjustment. Etc. I believe that the transfer would be exempt from Real Estate Excise Tax because the transfer would be considered a gift as there was no exchange of consideration. <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>I’m now second guessing myself and wondering if conveyance by deed is the correct method. Am I overthinking this? <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal>All suggestions are welcome<o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='color:black'>Warmest regards,<br><br></span><b><span style='font-size:12.0pt;color:purple'>Michael S. Safren, Esq.</span></b> <b><br></b><i>Attorney at Law</i> <br><br>14900 Interurban Ave. S., Ste. 280 | Seattle, WA 98168 <br>11900 NE 1st St., Bldg. G - Ste. 300 | Bellevue, WA 98005 <br>P: (206) 859-5098 | E: <a href="mailto:msafren@jennylinglaw.com" target="_blank"><span style='color:blue'>msafren@jennylinglaw.com</span></a> <br><u><a href="http://www.jennylinglaw.com/" target="_blank"><span style='color:blue'>www.jennylinglaw.com</span></a></u> | <u><a href="http://www.facebook.com/jennylinglaw/" target="_blank"><span style='color:blue'>facebook.com/jennylinglaw/</span></a></u> <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><br><span style='font-size:8.0pt'>This communication, including attachments, may contain information that is confidential and protected by the attorney/client or other privileges. It constitutes non-public information intended to be conveyed only to the designated recipient(s). If the reader or recipient of this communication is not the intended recipient, an employee or agent of the intended recipient who is responsible for delivering it to the intended recipient, or you believe that you have received this communication in error, please notify the sender immediately by return e-mail and promptly delete this e-mail, including attachments without reading or saving them in any manner. The unauthorized use, dissemination, distribution, or reproduction of this e-mail, including attachments, is prohibited and may be unlawful. Receipt by anyone other than the intended recipient(s) is not a waiver of any attorney/client or other privilege.</span> <o:p></o:p></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>