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Commonly Asked Questions about Quitclaim Deed South Carolina

New Owners Fill out a Transfer of Ownership form. This form must include the previous owners signature as well as a notary signature. Send to the Division immediately.
Per SC Code 12-24-10, there is a state transfer tax, referred to as a deed recording fee. The recording fee is $1.85 for any property valued between $100 and $500. Theres an additional $1.85 for each $500 increment after the first $500 (SC Code 12-24-90).
In South Carolina, anyone who is claiming an ownership interest in a piece of real estate must file a quit claim deed with the county register of deeds office in the county where the property is located. The deed must be signed in front of a notary public and the original document must be filed with the county. Quit Claim Deed Sc - Fill Online, Printable, Fillable, Blank | .com .com
In South Carolina, conducting a real estate closing is considered the practice of law and must be supervised by a licensed SC attorney.
Please note: South Carolina is an Attorney State when it comes to Deed preparation. Any preparation by an individual is considered an unauthorized practice of law. UCC Forms - Click on the SC Secretary of States Web site below.
South Carolina deeds must meet the following signature requirements: Current Owners Signature. A South Carolina deed must include the original signature of the current owner (the grantor). Signatures should match and appear immediately above the signers printed or typed name in the deed.
New Owners. Fill out a Transfer of Ownership form. This form must include the previous owners signature as well as a notary signature. Send to the Division immediately.
Quitclaim deeds typically state that the current owner remises, releases, and forever quitclaims the real estate to the new owner. South Carolina law assumes a quitclaim deed conveys all interests the person executing the deed can lawfully conveythough the parties can modify a deed to transfer a lesser interest.
Although you pay the tax to the county where the property is located, the state sets the rate. Currently, the rate is $1.85 per $500 in value. The state and the county split the taxes between them. If you do not want to pay this amount, you should try to get the buyer to contribute to the fee.