Affidavit Of Consideration South Carolina For Use

State:
South Carolina
Control #:
SC-LR-0006-02
Format:
PDF
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Description

Affidavit of Consideration

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FAQ

Code Section 12-24-30, in subsection (A), states that the fair market value of the realty may be used ?in determining fair market value of the consideration under the provisions of this section.? The only mention to fair market value in subsection (A) concerns when the consideration is in money's worth, or when the ...

May I prepare my own deed? A. Yes you may, but our office always recommends that you hire an attorney. Our office is strictly for recording, we do not prepare documents and do not answer questions in the preparation of legal documents.

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.

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.

SECTION 12-24-70. Affidavits. Every clerk of court or register of deeds and the county shall keep and preserve suitable records to determine the amount of fee due and collected under this chapter. The clerk of court or register of deeds and the county shall keep and preserve records for five years.

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Affidavit Of Consideration South Carolina For Use