Warranty Deed v. Special Warranty Deed v. Quitclaim Deed - All Up In Yo' Business
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- เผยแพร่เมื่อ 25 ก.ค. 2016
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***Putting Property in an LLC: • Putting Property in an...
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You did a wonderful job of explaining the difference. I WAS going to use a "quitclaim deed", but now I see that a General Warranty Deed is needed here. Thank you Soooo much for the easy to understand video. I wish you were in Arizona, I would have you in my contacts for sure!!! Great job Aiden!!!
This video was very helpful and clear on the diffent types of deeds. Thank you, it helped me alot. With watching all these real estate videos alot of them can be boring and hard to stay focused, I appreciate the wonderful illustrations and a great personality.
Thank you for posting as I was looking up what the differences were in Deeds and Warranty you answered my question very Good. Really good Video too thank you for making.
"Willy Nilly to everybody"..lol...Love it!!
My God This Needs More Likes !! That Was So Straight Forward And Not Alien Language At All! Love it Thanks
🙌🙌🙌 this is what I live for!! Thanks bb 😁
Taking my real estate class (which ends up just sounding like word vomit because it's so much information) and this was incredibly helpful. Thank you!
thank you so much. i was so confused after watching your video got clear. thanks again
Thanks a lot, thats very detailed but is simply explained.
Lol Humorous and very informative. Thank you!
Thank you my dear! What a clear discription .......
Much appreciated. Makes sense now. Continued Blessings!!!
The video was informative so I gave you a thumbs up. The end piece with the cat was adorable so I subscribed 👍🏾😄
This was so helpful. Thank you so much
Grateful for your thorough explanations !!!
THANK YOU - Genesis from L.A CA.
awesome! Huge help for my exam tomorrow. Thank you!
LOL...that cat. Thanks for the info.
Great video, very informative, good explanations! Thanks!
Thank you for sharing this information. Very well explained. Educational and informative. By the way you have a very beautiful kitty cat!😻
Thank you for this informative video!!!
This is soooo neat, thanks.
THANK YOU SO MUCH
You are knowledgeable and hilarious. Great video.
Hi, your video is very helpful. Do you have a video or advice on buying a home with a warranty deed with a small lien stop amount on it... Can the buyer still purchase that home and pay the lien off themselves or make payments on that lien?
What about title insurance when transferring real property to an LLC? I’ve read that title insurance doesn’t transfer with quitclaim but does with Warranty.
Any Due on Sale clause issues (especially with rising interest rates)?
Property insurance would need to change, correct? Just add the LLC as co-insured or have the LLC get a new policy?
Thank you
Great inforrmation and thanks!
Say a relative transferred a quit claim deed that had a clear title the had a defiency judgement on another property they owned could the come after the new relative that was the new owner on the quit claim property say the quit claim deed was for $10.00 but the market value was 100,000 how would the new relative /owner treat that in the IRS eyes as to the cost factor for a possible later sale as to capital gains etc ?
Thank you 🙏
That's so great! Very informative and very hawt, aw yea!
Thank you, nice
Your recommendation (4:56) of quit claim for transfer to an LLC is counter to Legalees recommendation to use a warranty deed. You might want to clarify this disparity.
Thank you!
ty for the info
Thanks Aiden. We're transferring a rental to an LLC. Our loan is through our inlaws and they have a deed of trust. What method option is best for transferring the property?
Very well explained.
THANK YOU!!!
let's say I buy a foreclosure from one of these auction houses and you get a Quitclaim Deed. what's the necessary steps to change to a warranty deed
I'm trying to buy a piece of land no house. I went through a tittle company to check if there was any leans or unpaid taxes and everything came back clear and looking good. Can I do a quit claim deed? If the property is only 3 thousand? The tittle company ant to charge 1 thousand for the tax certification. (Is tax Certification the same as a special warrant deed?)
Do you know about land patents and owning your land outright forever?
Thanks for that info.
Oh and will a quitclaim deed have a negative Impact if I decided to sell the property in the furture?
Thanks, I thought it was quick claim as in let's get this over quick.
Could I still use a quitclaim deed if my grandmother wants to give the deed to her house to my mother?
I love the humor that went into the part that talks about the guy giving out quitclaim deed to everyone.
You did a wonderful job explaining deeds. By far the best organic explanation.
Thank you I needed that word quitclaim deed . My mother caretaker put my Dad name off and put her name on the quitclaim deed I took it all from us . I am a true sorvivor of both my parents . Caretaker been in my parent home 15 year free rent .! Has two business going and won't give me my share please help me . I am very slow hearing impaired read lip it's been so hard! Lost my family no where to go all these years caretaker didn't want to give nothing. . Say it's her house get out. My son just doing 15 year in the Army my father was in the Korean war in 52 Father have all way tell me and one brother left the house was a foundation of the family. But caretaker was all about her and her kids. Thank you for your time
So who does Title Insurance cover. Does it cover the Seller in case he offers a Gen Deed and didnt know there was a lien? Or does it cover the buyer?
Good Question
can u answer a question? I purchased a townhome with an external garage 6 months ago. but I found out later I never got the deed to the external garage. but neither did the 2 owners before me. what appears to have happened, is the developer never transferred the title over to the first owner of the townhome (and so the second and third owners never got the deed either). however, 13 years later (about 4 months ago) the developer sold all the external garages to a storage rental company (LLC). the LLC bought all the external garages from the developer. so I was told by the LLC, get out....this is my garage. and when I check the county parcel records, sure enough the LLC did own the garage I thought was mine. now I get a call 2 weeks ago from a developer representative saying they will give me 10K to sign a QUIT CLAIM DEED on the garage. but the garage is probably worth twice that. QUESTION. does this external garage most likely have a CLOUD ON THE TITLE? also, is there anyway for the LLC to remove the cloud from this title without me signing the quick claim deed? I am bargaining with the developer to get the garage back (of course they would need to buy it back from the LLC and give it to me). so I would like to know how powerful of a position I am in when bargaining with them. my real estate agent tells me with the cloud on the title I am part owner of the garage even though the LLC has the title to it because they can't really do anything with it (like sell it or even rent it out).
Listen up guys. Removing or adding name from/on deeds is not as easy as it seems . There’s always a lot of process that one have to go through. And sometimes it takes months , years .. not to mention the money you spend and stress back and forth. A whole lot of time wasted/invested. Few months ago I was going through some divorce process with my ex . I almost lost my house which I bought with my money years back . It was really some tough times. Getting some documents really took longer than expected and that’s why I’ll always be grateful to webghost33 on telegramm. This is a certified cyberspace expert who can help file and provide any type of documents you need . No one will open their eyes and let someone take what’s rightfully theirs. Hurry up and Act smart. You can reach out on 414 909 3913 if you need any help concerning deeds, documents and evidence from your spouse or ex
Can I get info of chain of title at court house?
Where do I get a copy that doc was recorded?
I own a lot of properties if I’m in pending chapter 7 can grant from my llc to me?
Aiden: Great vid. If you purchase (in your name) a property from someone- they give you a warranty deed and then you quitclaim it into an LLC. Does it void the sellers resposability on the warranty deed?? does that make sense? thank you
did you find the answer to your question? I need to know as well.
How does one know which one they have?
Thanks for the good info, Aiden! Could you follow up with any comments regarding how the mortgage company may interpret transferring title? Or perhaps elaborate on what owners of these properties may need to additionally ask from their lenders who otherwise lent money for the property to remain owner-occupied? Thanks, in advance!
What type of would be used going from an LLC that has 1 owner back to himself?
can I deed my property to my LLC by myself w/o use a law firm?
Great video! Great personality! Love the humor! I appreciated the video editing and cutting out sections to make the video shorter. THANKS!
How much is a warranty deed ?
I purchased my house from a bank no mortgage, I received a special warranty deed, should I be concerned about debts against the property before the bank owned it
perhaps
Hi Aiden. Can you make a video about trusts. Can i have an LLC created an the owner is the trust not myself. And how can the trust be transferred in the case of person pass away.
"Trusts" is a pretty broad topic, but I will certainly make a note of that and see if I can put something together. But to answer your question in general terms, yes, a trust can own an LLC. It is a common thing in estate planning and perfectly appropriate in many situations.
why would the seller guarantee or warranty a clear title ...unless they themselves have run the Title to see if all is clear .. ? sounds to good to be true so to speak, from the buyers (the one who gets the warrenty deed) point of view.
What is a uninsured trust deed
How does someone get on a deed without refinancing?
If I buy a property through a quitclaim deed is there a way I can get title insurance in future.
Title insurance companies usually won't work with somebody who has a quitclaim deed. They mostly accept people who have general warranty deed most of the time.
Hey what video camera do you use to make these? The quality is superb.
Thanks! I use a Logitech HD Pro C920. Great quality and very inexpensive!
I appreciate this, keep up the great work counselor! :)
I dig it. But what I don't understand is why my neighbor in our condo complex has a special warranty deed, and I have a general warranty deed. We both bought brand new. Hmmm. I mean, I've looked all over the internet and nobody can explain WHY someone would get a crappy special warranty deed in the first place instead of a badass general warranty deed. I mean, why not just get the better one with more protection? What's the incentive to get the lame one?
Why do quit claim deeds even exist?
Yep it’s just so stupid. No ownership means a crappy deal.
LIKED AND SUBBED
Question what if someone quitclaim deed the home into a domestic trust, without your knowledge, how can you undo that, I have a ucc1 with secretary of state and a security agreement with a $500,000,000 billion lien on the property and the county, I have the allodial land patent and title , but befor I file this do I need to discharge the mortgage first.
I would like to know your resolution.
Even more beautiful in that color.....wait....what was the topic? ;)
Good vid, Any More Real Life Examples Of Each?
Can I use a warranty deed to give my family property
My wife and I are trying to remove her from our current property deed so she can qualify for a hero loan to purchase a new property. I her husband will be keeping that property as a rental. What for is best to just remove her from the deed? Also there is still a mortgage on the property.
Listen up guys. Removing or adding name from/on deeds is not as easy as it seems . There’s always a lot of process that one have to go through. And sometimes it takes months , years .. not to mention the money you spend and stress back and forth. A whole lot of time wasted/invested. Few months ago I was going through some divorce process with my ex . I almost lost my house which I bought with my money years back . It was really some tough times. Getting some documents really took longer than expected and that’s why I’ll always be grateful to webghost33 on telegramm. This is a certified cyberspace expert who can help file and provide any type of documents you need . No one will open their eyes and let someone take what’s rightfully theirs. Hurry up and Act smart. You can reach out on 414 909 3913 if you need any help concerning deeds, documents and evidence from your spouse or ex
My wife needs to remove herself from a our current property deed so she can qualify for a hero loan and purchase a new property. No divorce here! Haha Which form would you recomend?
What type of deed would my mom use if she wants to add her four daughter on the title. She wants to stay as the primary owner and wants her daughter to be secondary owners.
Thank you in advance.
Jennifer Arriola put in a land trust and add the daughters as beneficiaries.
What are the benefits of starting a single member LLC? Should I just be self employed or run under a LLC if I do not plan on hiring anyone else.
She's made videos on that already.
Here are a few videos I've made on that topic:
th-cam.com/video/emIFHcPNrCM/w-d-xo.html
th-cam.com/video/DEaRs9ju3Kc/w-d-xo.html
th-cam.com/video/SUfX6dglXoY/w-d-xo.html
th-cam.com/video/T826TLGEK9w/w-d-xo.html
I wasn’t sure at first but that all changed when she said I caught a Pokémon then I knew I would marry her for sure
Can you discuss quitclaim deed fraud ?
Which deed should I use if my mom passed away and named me as executor but I am the only heir and she left the property to me? ,how can I take her off and add my name. Can I sign as witness on a deed that I'm the executor and the heir?
Depends on the state where the property's located. It may be something like a Personal Representative Deed. You cannot witness your own signature on a deed. You should definitely consult with a trusts/estates lawyer in your area. I'm so sorry for your loss!
@@allupinyobiz
Thank you very much
Oil and natural gas is treated like real property in many cases.
Well they told me to do a quit claim deed
Transfering property to my name
Mother in law to son in law....
Can we have a video on the cat please ;-) clicked thumbnail not enough cat :-(
7:26 - if you are not sure "sometimes" what is the difference between these titles then perhaps it is better not to use your services...
If I quitclaim deed my property from my name to my llc, does it automatically transfer the mortgage as well to my llc or the mortgage remains under my name? If it remains under my name then what I need to do to transfer the mortgage to llc?
Thank you. Just I don't event know how caretaker cousin got away with forgery my name she got my heir and property never pay me my half
You could get hired anywhere you like fine lady.
Yeah. They say it's dangerous to Pokemon Go and TH-cam at the same time. ^__O
I'm lucky I didn't fall off a cliff or anything! :-)
😍😍🙌💙
Wow... That was probably the most awkward intro ever
I'd like to Pokemon Go.
May I use that phone number to ask you for coffee? 🤷🏻♂️😁🤪
Why would you ask a lawyer for coffee? Go see a barista.
You’re HOT 🙌🏽
Everywhere we go SIMPs are always there to ego boost bitches head up. I'm assuming you missed the part where she said a husband will quitclaim deed his house to his soon divorced wife. That wasn't an enough wake up call for u.
How can I remove my exboyfriend from a quit claim deed from my property
The easiest way is if he'll sign another deed deeding the property to you. You can't really just "remove" a person from a deed, and it can be very complicated to force it if your ex won't do it voluntarily.
useful. but pogo joke isn’t so funny
I stopped watching after she "clarifies" what defines Real property, as she is mistaken. Real property can include land, PLUS any buildings and fixtures that may be permanently attached to it. There doesn't necessarily have to be residential structures attached to it as she implies here. Real property can be land alone. All Real property means is land and what is attached to the land; the rest is deemed personal property.
Just so you know, it's in poor taste for middle class white people to mimic poor African American's in your title and your introduction of "All up in yo business."
I’m well aware and that’s not what I’m doing. Im not mimicking anybody. All ❤️❤️ around here. Thank you for watching!