South Carolina Quit Claim Deed

State:
South Carolina
Control #:
SC-SKU-0386
Format:
PDF
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Description

Quit Claim Deed

A South Carolina Quit Claim Deed is a legal document used to transfer ownership of real property from one person (the granter) to another (the grantee). It is typically used to transfer title to family members, or to remove a person’s name from the deed. The Quit Claim Deed does not guarantee that the granter owns the property, and does not provide any warranties against liens or other title defects. There are three types of Quit Claim Deeds in South Carolina: Joint Tenancy Quit Claim Deed, Tenancy in Common Quit Claim Deed, and Single Granter Quit Claim Deed. The Joint Tenancy Quit Claim Deed is used to transfer title to two or more persons, whereas the Tenancy in Common Quit Claim Deed is used to transfer title to two or more people as tenants in common. The Single Granter Quit Claim Deed is used to transfer title from one person to another. In order to be valid, all Quit Claim Deeds in South Carolina must be signed by the granter, notarized, and recorded with the county recorder’s office. The deed must also include the names of the granter and grantee, a legal description of the property, and the consideration (monetary amount) that was paid for the transfer of title.

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FAQ

South Carolina requires (§ 30-5-30) that all quitclaim deeds be signed by the Grantor (the seller of the property), two (2) witnesses, and for the document to be notarized by a Notary Public who witnesses the Grantor and Witnesses signing the document.

To add a name to your property you must sign a new deed conveying interest to an individual. To take someone's name off property they must sign a new deed conveying their interest to someone else. We DO NOT PREPARE documents in the Register of Deeds Office. We only RECORD documents.

If you wish to remove someone from a deed, you will need their consent. This can be done by recording a new deed, which will require their signature. If the person in question is deceased, you will need their death certificate and a notarized affidavit along with the new deed.

Although real estate transfer taxes are collected by your respective county, the rates remain constant throughout the state. The fees amount to $1.85 per $500, based on the amount that the property sold for. For example, if the property sold for $200,000, then $740 in real estate transfer taxes would be due.

The South Carolina deed recording fee is imposed for ?the privilege of recording a deed,? and is based on the transfer of real property from one person or business entity to another. The fee is generally imposed on the grantor of the real property, although the grantee may be secondarily liable for the fee.

South Carolina Quitclaim Deed Laws South Carolina requires (§ 30-5-30) that all quitclaim deeds be signed by the Grantor (the seller of the property), two (2) witnesses, and for the document to be notarized by a Notary Public who witnesses the Grantor and Witnesses signing the document.

Laws. Recording (Code 1976 § 30-7-10) ? All forms must be filed at the County Recorders of Deeds. Signing (Code 1976 § 30-5-30) ? A quit claim deed in South Carolina is required to be authorized by a notary public and two (2) subscribing witnesses in order to be recorded.

For property valued between $100 and $500, the deed recording fee is at $1.85 of the realty's value. For property valued over $500, the rate is $1.85 per each $500 increment. A portion of the fee goes to the state, and the other goes to the county.

More info

A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. Obtain a quitclaim deed form.A quitclaim deed is often used between family members or in divorces to transfer ownership interest to a person in an expeditious manner. A quitclaim deed is a fast way to transfer property to a buyer. Quitclaim deeds are also sometimes called quit claim deeds or quick claim deeds because they are a fast way to accomplish real estate transfers. Quitclaim deeds offer no such protection. Instead, they only convey the seller's interest in the property. A quitclaim deed transfers the title of a property from one person to another, with little to no buyer protection. Obtain a quitclaim deed form. A quitclaim deed is used for amending or changing title to real property in an efficient way.

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South Carolina Quit Claim Deed