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South Carolina Warranty Deed - Individual to Limited Liability Company

South Carolina Warranty Limited

Name: South Carolina Warranty Deed - Individual to Limited Liability Company
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.67 (236 reviews)

Category:

South Carolina Real Estate - Deeds - Warranty

State:

South Carolina

Control #:

SC-021-78

Format:

Instant download

Description

This form is a Warranty Deed where the grantor is an individual and the grantee is a limited liability company. Grantor conveys and warrants the described property to the grantee. Includes provision for Grantor's spouse to waive all rights and interest in the property. This deed complies with all state statutory laws.

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How to fill out South Carolina Warranty Deed - Individual To Limited Liability Company?

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FAQ

In order to make the Warranty Deed legally binding, the Seller needs to sign it front of a notary public. Then signed and notarized deed must be filed at the city or county office for recording property documents. Before filing with this office all previously billed property taxes must be paid in full.

It's important to note that a warranty deed does not actually prove the grantor has ownership (a title search is the best way to prove that), but it is a promise by the grantor that they are transferring ownership and if it turns out they don't actually own the property, the grantor will be responsible for compensating

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.

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.

Typically, the lender will provide you with a copy of the deed of trust after the closing. The original warranty deeds are often mailed to the grantee after they are recorded. These are your original copies and should be kept in a safe place, such as a fireproof lockbox or a safe deposit box at a financial institution.

An original, wet signed document. Signature of the Party of the First Part. Two witnesses to the signature. A South Carolina Probate or Acknowledgement. A property description to include a recorded plat reference or metes and bounds description.

In South Carolina, the grantor must sign the deed in front of two witnesses and in the presence of an individual authorized by the state to administer an oath. Record the completed deed at the local county Recorder's office, along with an Affidavit of True Consideration (S.C. Code Ann.

Let's start with the definition of a deed: DEED: A written instrument by which one party, the Grantor, conveys the title of ownership in property to another party, the Grantee. A Warranty Deed contains promises, called covenants, that the Grantor makes to the Grantee.

Contrary to normal expectations, the Deed DOES NOT have to be recorded to be effective or to show delivery, and because of that, the Deed DOES NOT have to be signed in front of a Notary Public. However, if you plan to record it, then it does have to be notarized as that is a County Recorder requirement.

South Carolina Warranty Limited

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FAQ

How do I write a warranty deed?

Does a warranty deed prove ownership?

Who pays deed recording fees in SC?

Does a warranty deed mean you own the property?

Who keeps original warranty deed?

How do I record a deed in South Carolina?

How do I transfer a deed in South Carolina?

What is the difference between a deed and a warranty deed?

Does a warranty deed need to be recorded?

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