Fill and Sign the Sc Form

Prepared by U.S. Legal Forms, Inc. Copyright 2016 - U.S. Legal Forms, Inc. STATE OF SOUTH CAROLINA WARRANTY DEED TO CHILD - RESERVING LIFE ESTATE TO PARENT Control Number – SC - 021 - 77 NOTES ON COMPLETING THESE FORMS The form(s) in this packet contain “form fields” created using Microsoft Word. “Form fields” facilitate completion of the forms using your computer. They do not limit you ability to print the form “in blank” and complete with a typewriter or by hand. It is also helpful to be able to see the location of the form fields. Go to the View menu, click on Toolbars, and then select Forms. This will open the forms toolbar. Look for the button on the forms toolbar that resembles a “shaded letter “a”. Click in this button and the form fields will be visible. By clicking on the appropriate form field, you will be able to enter the needed information. In some instances the form field and the line will disappear after information is entered. In other cases it will not. This is appropriate and the way the form is designed to function. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of Alabama. All Information and Forms are subject to this Disclaimer: All forms in this package are provided without any warranty, express or implied, as to their legal effect and completeness. Please use at your own risk. If you have a serious legal problem we suggest that you consult an attorney. U.S. Legal Forms, Inc. does not provide legal advice. The products offered by U.S. Legal Forms (USLF) are not a substitute for the advice of an attorney. THESE MATERIALS ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL U. S. LEGAL FORMS, INC. 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Prepared By and After Recording Return to:                         Send Tax Statements to Grantee (Name and Address):                         -------- Above This Line Reserved For Official Use Only--------       WARRANTY DEED (Reserved Life Estate) KNOW ALL MEN BY THESE PRESENTS THAT: FOR VALUABLE CONSIDERATION OF TEN DOLLARS ($10.00), and other good and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged, ________________________ and ______________________________ , Husband and Wife, hereinafter referred to as “Grantors”, do hereby grant, bargain, sell, and release, unto ____________________________________ , an individual, married unmarried, hereinafter “Grantee”, whether one or more, the following lands and property, together with all improvements located thereon, lying in the County of __________________ , City of __________________ , State of South Carolina, to-wit: INSERT DESCRIPTION OR ATTACH AS EXHIBIT SUBJECT to Life Estates retained by ____________________________________ and ____________________________________ , Grantors, to run consecutively. It being the intention of the Grantors that the ending of one Life Estate shall in no way affect the remaining Life Estate. LESS AND EXCEPT all oil, gas and minerals, on and under the above described property owned by Grantor(s), if any, which are reserved by Grantor(s). SUBJECT to all easements, rights-of-way, protective covenants and mineral reservations of record, if any. The property herein conveyed is not a part of the homestead of Grantor(s), or is part of the homestead of Grantor(s) and the conveyance is joined by both Husband and Wife. WITNESS Grantor(s) hand(s) this the ____ day of ________________ , 20 ____ . Signed, Sealed and Delivered _________________________________ in the presence of: Grantor {Type Name} __________________________________ Witness __________________________________ Witness Signed, Sealed and Delivered _________________________________ in the presence of: Grantor {Type Name} __________________________________ Witness __________________________________ Witness STATE OF ______________________ COUNTY OF ______________________ The foregoing instrument was acknowledged before me this ______________________ (date) by ______________________ and ______________________ (name of persons acknowledged). ____________________________________ Notary Public Print Name: ______________________ My commission expires: ______________________ Grantor(s) Name, Address, phone:                                     Grantee(s) Name, Address, phone:                                     SEND TAX STATEMENTS TO GRANTEE STATE OF SOUTH CAROLINA : Date of Transfer of Title : COUNTY OF ________________ : (Closing Date) ______________ , 20       AFFIDAVIT PERSONALLY appeared before me the undersigned, who being duly sworn, deposes and says: 1. I have read the information on this Affidavit and I understand such information. 2. The property is being transferred BY ________________________________________ TO _____________________________________ on ____________________________ . 3. Check one of the following: THE DEED IS (a) Subject to the deed recording fee as a transfer for consideration paid or to be paid in money or money’s worth. (b) Subject to the deed recording fee as a transfer between a corporation, a partnership, or other entity and stockholder, partner, or owner of the entity or is a transfer to a trust or as distribution to a trust beneficiary. (c) Exempt, or partially exempt, from the recording fees because (exemption # ________ ) (Explanation, if required) _________________________________________________________________________ _________________________________________________________________________ __ (IF EXEMPT, PLESE SKIP ITEMS 4-6 AND GO TO ITEM 7 OF THIS AFFIDAVIT) 4. Check one of the following if either item 3(a) or item 3(b) above has been checked. (a) ________ The fee is computed on the consideration paid or to be paid in money or money’s worth in the amount of $ ______________ . (b) ________ The fee is computed on the fair market value of the realty which is $ ______ __________ . (c) ________ The fee is computed on the fair market value of the realty as established for property tax purposes, which is $ ______________ . 5. Check YES or NO to the following: A lien or encumbrance existed on the land, tenement, or realty before the transfer and remained on the land, tenement, or realty after the transfer. If “YES”, the amount of the outstanding balance of this lien or encumbrance is $ ______________ . 6. The DEED Recording Fee is computed as follows: (a) ____________ The amount listed in item 4 above (b) ____________ The amount listed in item 5 (no amount place zero) (c) ____________ Subtract Line 6(b) and place the result. 7. As required by Code Section 12-24-70, I state that I am a responsible person who was connected with the transaction as: _______________________________________ 8. I understand that a person required to furnish this Affidavit who willfully furnished a false or fraudulent affidavit is guilty of a misdemeanor and, upon conviction, must be fined not more than one thousand dollars or imprisoned not more than one year, or both. _______________________________________ Grantor, Grantee or Legal Representative (Connected with this transaction) Sworn to before me this ______ __________________________________________ day of ______________ , 20 ______ (Print or Type Name Here) _____________________________ Notary Public for __________________ My commission expires __________________