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Commonly Asked Questions about South Carolina Warranty Deed

Key Takeaways. A warranty deed protects the buyer and ensures that the seller holds a free and clear title to a property without any outstanding liens or mortgages. A warranty deed is a legal real estate document and protects the buyer against future claims to the title of the property.
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.
Understanding Marital Property in South Carolina Marital property encompasses all assets acquired during the marriage, regardless of whose name is on the title, unless it is considered separate or non-marital property.
Warranty deeds protect the buyer by guaranteeing a clear title and give the current owner the legal right to sell the house. For sellers, warranty deeds can delay the home selling process and come at an extra cost.
A South Carolina general warranty deed form is an instrument for transferring South Carolina real estate with warranty of title. Warranty of title is a property owners guaranty when executing a deed that the deed conveys a valid title free of outstanding liens or other title problems.
When you are buying or selling a home, youll want to understand property titles and deeds. The title to a house is a legal concept that establishes your ownership of the property and gives you certain rights to it. The deed is a legal document that transfers ownership of a property from a seller to a buyer.
While a warranty deed and title insurance are similar, they serve different purposes. A warranty deed shows that there are no claims to the property. A title insurance policy, though, offers protection from financial loss associated with ownership issues, and transfers any such risks to the insurance company.