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Ohio Deeds: Transferring Real Estate to an LLC

Property owners may wish to transfer ownership of their real estate from themselves to a Limited Liability Company. They do so to transfer potential liability from themselves to the limited liability company. Outlined below are the basic steps to transfer real property from an individual to a Limited Liability Company.  You will file a quitclaim deed, an affidavit of facts relating to title transfer to an LLC, and a statemen of reason for exemption from real property conveyance fee. Your situation may differ and may require additional steps not outlined below. As always, if you have any doubts or questions, you should consult with an attorney familiar with such transfers.