South Carolina Affidavit of Property Value
About this form
The Affidavit of Property Value is a sworn statement that details the value of a property in a real estate transaction. This document is important for accurately recording property transfers and ensuring compliance with local tax laws. Unlike general affidavits, this specific form focuses on the financial aspects of property valuation and the terms of sale, providing a necessary declaration for both the buyer and seller.
Key components of this form
- Property identification and tax map number.
- Names of the parties involved in the property transfer.
- Sale price or fair market value of the property.
- Exemption status from recording fees.
- Affiant's declaration and understanding of legal consequences.
- Signature and notarization section.
When to use this form
You should use the Affidavit of Property Value when you are involved in a real estate transaction that requires reporting property values for tax purposes. This form is typically used during the transfer of ownership to provide a clear record of the propertyâs worth, whether in arms-length transactions or otherwise. It is also useful when you seeking an exemption from recording fees due to certain conditions of the property transfer.
Who can use this document
This form is intended for:
- Property buyers and sellers in real estate transactions.
- Legal representatives acting on behalf of either party.
- Anyone involved in the transfer of property ownership who needs to declare the property value.
Steps to complete this form
- Identify the property by entering the address and tax map number.
- Fill in the names of the seller and buyer involved in the transaction.
- Specify whether the transaction is arms-length or not, and provide the relevant sale price or fair market value.
- Indicate if the transaction is exempt from recording fees, citing the appropriate statutory provision.
- Sign the affidavit and have it notarized to validate the document.
Does this document require notarization?
This form must be notarized to be legally valid. US Legal Forms provides secure online notarization powered by Notarize, allowing you to complete the process through a verified video call.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes
- Failing to complete all required fields accurately, especially property details.
- Not indicating the correct sale price or fair market value.
- Skipping the notarization, making the document invalid.
- Incorrectly claiming exemptions from recording fees without proper justification.
Why use this form online
- Convenient access to download and fill out the form at any time.
- Editable templates that allow customization to fit specific circumstances.
- Reliable legal content drafted by licensed attorneys to ensure compliance with current laws.
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FAQ
Melendez-Diaz v. Massachusetts; an affidavit is a witness for Sixth Amendment, so can be confronted at trial unless (1) unavailable to testify and (2) adverse party had a prior opportunity to cross examine the maker.
As nouns the difference between plaintiff and affiant is that plaintiff is (legal) a party bringing a suit in civil law against a defendant; accusers while affiant is (legal) the individual witness whose statement is contained in an affidavit or sworn deposition.
South Carolina Notary Stamps Yes! RequiredS.C. Code Ann. § 26-1-60 requires notaries to have a seal of office for affixation onto all notarial acts. This seal of office can be either a stamp or seal embosser.
An affiant is someone who files an affidavit, which is a written statement used as evidence in court. In order to be admissible, affidavits must be notarized by a notary public.
The person making the signed statement (affiant) takes an oath that the contents are, to the best of their knowledge, true. It is also signed by a notary or some other judicial officer that can administer oaths, affirming that the person signing the affidavit was under oath when doing so.
An affiant is someone who voluntary offers and signs a statement of known facts, under oath, and agrees to have it written down. This written statement becomes known as an affidavit. An affidavit is a written document that covers evidence and facts, known by the affiant, that will be presented in a case.
The application must be signed with pen and ink and the signature of the applicant must be acknowledged by a person authorized to administer oaths (§26-1-40). The date of your signature and the date of the notarization must match. You cannot notarize your own signature on the application or at any other time.
Although affidavits are considered legal documents, anyone can draft one. As long as it is signed, witnessed, and notarized correctly, it will be valid. That means that you do not have to use a lawyer to create an affidavit.
(1) The Registrar-General, a Deputy Registrar-General or any justice of the peace, notary public, commissioner of the court for taking affidavits, Australian legal practitioner authorised by section 27 (1) to take and receive any affidavit, a federal judicial officer, or other person by law authorised to administer an