Quitclaim Deed for Three Individuals to One Individual - South Carolina 2025

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The document is a Quitclaim Deed form for the State of South Carolina, prepared by U.S. Legal Forms, Inc. It outlines the process for transferring property ownership from three individuals (Grantors) to one individual (Grantee) and includes instructions on completing and filing the form, requirements for signatures, notarization, and exemptions from recording fees. The document emphasizes the importance of accurate information and legal compliance in property transactions.

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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.

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.

How many people can be on a quitclaim deed?

You can put however many people you want. But quitclaiming part of your interest may not be the best idea.

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.

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.

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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.

How does a quit claim deed work in South Carolina?

The way a quitclaim deed works is that this type of transfer makes no seller guarantees. It merely states that the seller transfers any ownership interest to the buyer. So if the seller has absolutely no ownership interest in the property, thats precisely what transfers in a quitclaim deed to any buyer.

Quitclaim Deed for Three Individuals to One Individual - South Carolina 2025

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Who benefits the most from a quitclaim deed?

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How many people can be on a quitclaim deed?

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

How much does a quit claim deed cost in SC?

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What is the disadvantage of a quitclaim deed?

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