Full question:
Can a Quitclaim deed be granted from a LLC to an Individual? The LLC is the Grantor and the Individual is the Grantee.
- Category: Real Property
- Subcategory: Deeds
- Date:
- State: Wyoming
Answer:
Yes, an LLC can transfer property to an individual using a quitclaim deed. The LLC acts as the grantor, and a representative of the LLC must sign the deed in their official capacity. For example, they would sign as John Doe, President, instead of just John Doe. This indicates that the transfer is made on behalf of the LLC and is authorized by the company’s resolutions or bylaws. As long as the representative has the authority to transfer the asset, the deed is generally valid.
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