Legal Question in Real Estate Law in Maryland
How to transfer real estate title from a corporation to individual owber
Asked on 2/20/10, 1:58 pm
1 Answer from Attorneys
Cedulie Laumann
Arden Law Firm, LLC
This is done by deed and with a corporate resolution. The process is rather straightforward although it may have tax consequences. (If there is a mortgage on the property you will first need to obtain lender approval).
While this post does not create an attorney-client relationship, you are welcome to contact my firm to discuss the specifics of your situation, or contact another Maryland attorney of your choosing to have a deed prepared. Under Maryland law, only an attorney can prepare a deed for someone else.
Answered on 2/25/10, 2:33 pm