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The prior owner conveying the property is primarily responsible for payment, and the new owner is secondarily responsible. The deed-recording fee rate is $1.85 for each $500.00 of the real estate's value.
In South Carolina, the formula for the transfer tax, mostly referred to as deed stamps, is $1.85 per $500 of consideration; this is the combined amount for city, county and state taxes. If the consideration is $100,000, the transfer tax is $370, and paid directly to the County Register of Deeds by the closing attorney.
In South Carolina, a quit claim deed is a real property deed that only transfers interest in the property to the grantor who has a title. Unlike a warranty deed, a South Carolina quit claim deed does not guarantee good title to the property.
New Owners Fill out a Transfer of Ownership form. This form must include the previous owner's signature as well as a notary signature. Send to the Division immediately.
South Carolina's deed forms are?from strongest to weakest warranty?as follows: general warranty deed, special warranty deed, and quitclaim deed.
Please note: South Carolina is an Attorney State when it comes to Deed preparation. Any preparation by an individual is considered an unauthorized practice of law. UCC Forms - Click on the SC Secretary of State's Web site below.
To obtain a copy of a plat or deed, contact the local Registers of Deeds office or Clerk of Court.