Quitclaim Deed by Two Individuals to LLC South Carolina Form
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People also ask
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What do you need for a quit claim deed in SC?
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.
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How much does a quitclaim deed cost in SC?
Per SC Code § 12-24-10, there is a state transfer tax, referred to as a deed recording fee. The recording fee is $1.85 for any property valued between $100 and $500. There's an additional $1.85 for each $500 increment after the first $500 (SC Code § 12-24-90).
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How do I add a person to a deed in South Carolina?
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.
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What is a quitclaim deed most commonly used to?
What Is a Quitclaim Deed? Quitclaim deeds are most often for transferring property between family members or to cure a defect on the title, such as a misspelling of a name.
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What are the disadvantages of a quit claim deed?
A quitclaim deed does not provide any assurance that the grantor (the person transferring the property) has free and clear title to the property. In fact, it doesn't even represent that the grantor has any interest in the property whatsoever.
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How do I remove a name from a deed in South Carolina?
A: If both spouses agree to the terms of a divorce settlement, a quitclaim deed is the fastest, easiest and least expensive way to remove your spouse's name from the deed to the property.
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How much does a quitclaim deed cost in South Carolina?
How much does a quit claim deed cost in SC? 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.
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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.
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