Quit Claim Deed Properties to Las Vegas Corp?

Question

I live in IL and own 6 Florida Investment properties. I have a Las Vegas C Corp, in which my accountant is acting as nominee to keep my name from being attached. I plan to use the LV Corp to only hold assets. Can I file all of the quit claim deeds in Las Vegas? Will this information be posted to a national title database that will show the LV Corp as the owner?

Answer 1

There is no "National Title Database". Filing/recording the Quit Claim Deeds in Las Vegas will not publicly transfer title of the property. You will need to file/record the QCD's in Florida.

Answer 2

You record the deeds in the Land Records (Florida is probably by county) where the property is located. It has nothing to do with where the owner lives or whether they are individuals or corporations. Filing them in Las Vegas will have no effect whatsoever.

There is no national title database. Not even all Land Records are available online.

If the deeds are recorded in the right Land Records, the Tax Assessor will have a list (which is also not generally online, but some places are this modern) that shows the Corp as owner.

To be quite blunt, you seem a little ignorant about this for someone with six Florida investments. You probably should see a lawyer to be sure your nominee doesn't have the power to dispose of the assets without your consent. It isn't like that's never happened before.

Answer 3

This appears like a lengthy distance rip-off to me. contact a depended on genuine sources legal specialist contained locally section the position the land is positioned. whenever you provide up sources rights (sale, present, or purely lose interest contained in the sources), the owner(s) listed on the deed (no matter if a unmarried proprietor or area of a collection of vendors), signs and indications a stop declare deed. even as signed, that human being provides up all their sources rights (yet they could nonetheless be responsible for the loan) except the customer receives their personal financing or buys the sources outright. the different vendors nonetheless protect their sources rights. it really is authentic that if the "proprietor" that you're dealing with isn't on the deed, he won't be able to signal a stop declare deed because he's not the owner, not even a joint tenant in difficulty-loose. and also you'll't take possession of the sources or his percentage of the sources. This guy appears like a scammer - promoting you sources that he doesn't personal or doesn't have the rights to promote it. i might want to favor extra information to entice a diverse end.

Answer 4

You answered your own question - yes the LV corp will be listed as the owner.