South Carolina Sample Letter regarding Authority to Cancel Deed of Trust
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How to fill out Sample Letter Regarding Authority To Cancel Deed Of Trust?
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FAQ
Hear this out loud PauseTo transfer real property into your Trust, a new deed reflecting the name of the Trust must be executed, notarized and recorded with the County Recorder in the County where the property is located. Care must be taken that the exact legal description in the existing deed appears on the new deed.
Hear this out loud PauseAs of now, South Carolina law does not permit the use of TOD deeds to transfer ownership of real estate. Instead, other estate planning tools, such as joint tenancy or a living trust, can be used to avoid probate for real estate.
A South Carolina deed of trust designates a trustee as a property's legal owner until the original owner's (the ?borrower?) debt to a lender is paid. Property conveyed in a deed of trust is returned to the borrower once the loan made via a promissory note is settled.
Hear this out loud PauseThe Register of Deeds provides copies at a cost of 50 cents per page for deeds and 50 cents for plats. You can come into the Register of Deeds Office and bring with you the physical address to the property or current owners name.
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