Regardless of type, deeds are the most important documents when it comes to real estate.  They convey property from one owner to another, transfer property into or out of a trust, LLC, or corporation, and designate beneficiaries of property upon the death of the owner.  It is crucial that you engage a knowledgeable attorney who is familiar with your goals and your real estate to prepare your deeds and other real estate documents. 

This is especially true for specialized deeds beyond a standard deed for the sale and purchase of real estate, including:

• Gift.  These deeds, sometimes incorrectly called quitclaim deeds, are used to transfer property when no money changes hands.  However, deeds of gift can have transfer and tax ramifications, so they should be used carefully.
• Pursuant to divorce.  These deeds transfer property to the recipient under a property settlement agreement.  Many well-intentioned family law attorneys will ensure that the property settlement agreement addresses the distribution of real estate, but will neglect to inform their clients that the property settlement agreement must be put into effect by this special kind of deed.
• Distribution.  These deeds transfer property to the beneficiaries of an estate or trust and are important to ensure a clean chain of title.
• To LLCs/corporations.  These deeds transfer property from the individual members/shareholders of the LLC or corporation to the corporate entity.

For many of us, our real estate is our most valuable asset, making it all the more important to ensure that any changes in ownership are handled in a professional and legal manner.  Contact the experienced attorneys at Mata & Hill PLC today for questions regarding deed preparation for real estate located in Winchester, Front Royal, Strasburg, or any of the surrounding areas.