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When not to use a Quit Claim Deed

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When you should NEVER use a Quit Claim Deed

In the vast majority of cases where property ownership is transferred, a quit claim deed should never be used. The primary reason is that using a #quitclaimdeed or #QCD will extinguish coverage under your owner’s title insurance policy. This is especially important when investors purchase property individually and then use a QCD to transfer the property to a trust or LLC. Watch this short #tipoftheday video and learn how this can be mitigated in a super simple way.

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The Realty Partners Team

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About Realty Partners The Agent Owned Company™:

Realty Partners is a virtual technology driven brokerage, and the first truly agentowned real estate company. The majority of the company is owned by Realty Partners’ agents and associates. Realty Partners’ Mission is to “Empower real estate agents to be true business owners by maximizing their income potential and providing residual income, retirement and exit strategies.”

Realty Partners is headquartered in Sarasota, FL, with operations throughout the State of Florida. For more information please visit: http://www.RealtyPartners.com

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