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Commonly Asked Questions about South Carolina Quitclaim Deed

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). South Carolina Quitclaim Deed Costs and Fees | LegalTemplates Legal Templates form costs-and-fees Legal Templates form costs-and-fees
A quitclaim deed is most often used for transferring property between family members, or to add or remove a person to the title, or or to cure a simple defect on the title, such as a mistake in an address or the misspelling of a name. What Is A Quitclaim Deed? - Bankrate bankrate.com real-estate quitclaim-deed bankrate.com real-estate quitclaim-deed
In which of the following situations could a quitclaim deed NOT be used? c. The answer is to warrant that a title is valid. The quitclaim deed carries no covenants or warranties.
How much does a quit claim deed cost in SC? For property valued between $100 and $500, the deed recording fee is at $1.85 of the realtys value. For property valued over $500, the rate is $1.85 per each $500 increment.
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. Document Examples - Beaufort County Government Beaufort County Government register-of-deeds Beaufort County Government register-of-deeds
A quitclaim deed is considered a permanent transfer of ownership between the grantor and grantee, so theres no limit to the term of ownership. However, new deeds need to be filed with the county for the transfer to be officially recorded.
A South Carolina property owner transfers an interest in real estate to a new owner by executing and recording a written deed. A South Carolina quitclaim deed is a type of deed that conveys whatever interest the current owner can lawfully convey with no guaranty as to the quality of the transferred interest. South Carolina Quitclaim Deed Form DeedClaim South Carolina DeedClaim South Carolina
Quitclaim deeds lack certain protections and promises found in other types of deed to real property. Because of this, they should only be used under certain circumstances. These include transferring real estate between close family membersfor instance, from a parent to a child.
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. Transfer of Ownership - SCDHEC SCDHEC transfer-ownership SCDHEC transfer-ownership