Warranty Deed from Individual to LLC - South Carolina: Fill out & sign online

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Click ‘Get Form’ to open it in the editor.
Begin by entering the Grantor's name, marital status, and address in the designated fields. Ensure accuracy as this identifies the individual transferring ownership.
Next, input the Grantee's name and LLC details. This section confirms who will receive the property.
Describe the property being transferred. If there is a separate description document, indicate 'SEE DESCRIPTION ATTACHED' and ensure it is included with your submission.
Fill in any prior instrument references if applicable, including Book and Page numbers for record purposes.
Complete the Affidavit section by providing details about the transfer date and checking appropriate boxes regarding recording fees.
Finally, have all parties sign in front of a notary public to validate the deed. Ensure that all signatures are legible and correctly placed.

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How do you transfer a deed to an LLC?

Transferring Property to the LLC The deed should clearly state the LLC as the new owner of the property. File the Deed with the County Recorders Office Once the deed is prepared, file it with the county recorders office where the property is located. This officially transfers ownership of the property to your LLC.

Why do people put their property under an LLC?

Transferring a property into an LLC may be treated as a sale, which could trigger transfer taxes depending on your states tax laws. You will also have to pay county recording fees.

How to transfer deed from person to LLC?

Follow these steps to transfer property to LLC business structures. Make sure your LLC is registered. Review the property title and LLC operating agreement. Draft a deed of transfer. docHub and file the deed. Notify your mortgage company. Update tax records. Transfer utilities and insurance. Plan for tax complications.

How do I transfer ownership of a property in South Carolina?

Warranty deeds must be signed by the grantor and acknowledged before a notary public and two witnesses, one of which can be the notary.

Can you transfer a warranty deed?

A warranty deedalso known as a general warranty deedis a specific type of deed that guarantees that the owner of the property owns it free and clear, and is able to transfer the property to the seller.