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Sale deed The most common deed, used when the property is sold for money. It legally transfers ownership from the seller to the buyer. Gift deed Used when the property is transferred as a gift, without any exchange of money.
Please note: South Carolina is an Attorney State when it comes to Deed preparation.
In South Carolina, a quit claim deed is a real property deed that only transfers interest in the property to the grantor who has a title. Unlike a warranty deed, a South Carolina quit claim deed does not guarantee good title to the property.
Signing. Generally, only the grantors are required to sign a quit claim deed because a grantor is the one who is giving up property rights. Both spouses are considered the grantors in a quit claim deed conveying jointly held real property to one spouse, and so both spouses must sign the deed in front of a Notary Public
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.
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People also ask

Transfer Taxes South Carolina imposes a deed recording fee and a deed transfer tax. The recording fee is $1 for each $500 of the propertys sale price, while the transfer tax is typically $0.55 for each $500 of the propertys value.
Self-filing the deed without an attorney is the most economical option for transferring real property title. However, it requires careful attention to detail. The Registers Office wont provide assistance or highlight mistakes in the paperwork.
In a joint tenancy, two or more people own property together, each with equal rights and responsibilities. While joint tenancy can apply to personal property, business ownership, bank and brokerage accounts, its most used for real estate investments.

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