Quitclaim Deed - South Carolina 2025

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The document is a South Carolina Quitclaim Deed form designed for the transfer of property from two individuals (husband and wife) to a trust. It includes instructions on completing the form, filing requirements, necessary signatures, notarization, and details about exemptions from recording fees. The document emphasizes the importance of original signatures, legal descriptions of the property, and compliance with state laws regarding property transfers.

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How much does a quit claim deed cost in SC?

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). A portion of the fee ($1.30) goes to the state, and the other ($0.55) goes to the county. The fee is paid electronically or with the paper form L-2125.

What is required for a quit claim deed in South Carolina?

South Carolina Quitclaim Deed Overview The grantor must sign the quitclaim deed in the presence of two credible witnesses. The quitclaim deed must also be subscribed by the two witnesses. The address of the grantee is needed in order to record this type of real estate document.

Who benefits the most from a quitclaim deed?

Because of the lack of title guarantees, quitclaim deeds are most often used to transfer property between two parties who know and trust each other, such as family members.

What is the usual reason for using a quitclaim deed?

Quit claim deeds offer a streamlined approach to property transfers, especially among family members or trusted parties. While they provide speed and simplicity, they lack the security of warranties, making them less suitable for transactions involving unfamiliar parties.

What is the disadvantage of a quitclaim deed?

Ultimately, the main problem with quitclaim deeds is their lack of any guaranty on the part of the person transferring their ownership interest in the property. With a quitclaim deed, the grantor only states that they are transferring any interest they may have in the propertywhatever that interest may be.

what is a quitclaim deed used for

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How much does a lawyer charge to do a quit claim deed?

The average cost (i.e., legal fees) for a lawyer to prepare and file a quitclaim deed is $520.00. This cost point come from recent quitclaim projects on the ContractsCounsel platform across all US states. Note, this does not include any fees to file at the county clerks office, which can range from $10 to $100.

What are the risks of a quitclaim deed?

Yes, quitclaim deeds do have risks. The biggest one is that theres no promise the person giving you the deed actually owns the property clearly. Also, even after giving away the property, the original owner might still have to pay the mortgage.