Highlight In Legal South Carolina Deed Forms For Free

In the state of South Carolina, a deed recording fee is required when a property changes ownership. This is charged by the state for entering the transfer ownership change into public records. It is customary for the seller of the property to pay all real estate transfer taxes in South Carolina.

What Is the Strongest Type of Deed? For real estate buyers, a general warranty deed provides greater protection than any other type of deed. While it's the best deed for the grantee, it gives the grantor the most liability.

A general warranty deed is the most common type of deed used for transferring real estate. It basically promises that: not only does the seller have good and proper title to sell the property, but all the prior owners also had good title, thus making a complete ?chain of ownership?; and.

General Warranty Deed: Here the Grantor conveys to the Grantee all of their right, title and interest in the real estate, without limitation, and assures the Grantee that the Grantor is lawfully the owner of the property, that it is free and clear of all encumbrances, that the Grantor has the unrestricted power to sell ...

Warranty deeds are the safer option when buying property versus simply transferring ownership. Most buyers will want this option. If it is discovered that the seller did not have complete ownership of the property, the buyer can sue for breach of warranty.

The deed recording fee is one dollar and eighty-five cents for each five hundred dollars, or fractional part of five hundred dollars, of the realty's ?value? as determined by S.C. Code § 2-24-30.