Quit Claim Deeds?

General Real Estate Investing
1

Hi,

What are the advantages or the disadvantages of Quit Claim Deeds?

Thanks

2

Quit claim deeds are usually best for switching title from your personal name into an LLC and vice-versa. I wouldn’t use them as conveyence of anything you are buying from a home owner.

3

I disagree. The quit claim will void title insurance. I would only use them in cases where clean title is not an issue, like intra-family transfers of property owned by the family for decades.