An agreement should indemnify the indemnitee against any lawful claim by any other party on account of the lost instrument, and against all costs and expenses by reason of the claim. The agreement should be sufficient in amount to cover the instrument and reasonable expenses connected with a claim against the agreement. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
South Carolina Indemnity Against Loss Resulting from Lost or Mislaid Deed
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Multi-State
Control #:
US-01865BG
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Word;
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How to fill out Indemnity Against Loss Resulting From Lost Or Mislaid Deed?
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FAQ
PROTECTION OF PERSONS UNDER DISABILITY AND THEIR PROPERTY. Section 62-5-422 - Sale, encumbrance, or transaction involving conflict of interest; voidable; exceptions.
Removal or resignation of guardian; termination of incapacity. (a) After service of the summons and petition of the ward or any person interested in his welfare, the court may remove a guardian and appoint a successor if in the best interests of the ward.
The court will determine who has the authority to serve as the Conservator pursuant to S.C. Code Ann § 62-5-410. A summons and a petition (Form 540PC) must be completed and filed with the court to begin the process of appointing a Conservator for a minor.
Petition to Determine Heirs To allow the Court to hold this hearing, an interested party (typically the spouse or child of the decedent) must formally Petition the Court setting forth the heirs or family members, the status of the family members and documents supporting the status and relationships.
South Carolina's statute (S.C. Code § 32-2-10) invalidates only indemnification clauses that purport to require the Indemnitor to indemnify the Indemnitee for injuries or losses that result from the Indemnitee's sole negligence.
(1) An action for default under a lease contract, including breach of warranty or indemnity, must be commenced within four years after the cause of action accrued. By the original lease contract the parties may reduce the period of limitation to not less than one year.
One way to avoid probate in South Carolina is by using a transfer-on-death (TOD) deed for real estate. This allows the property to be transferred to the beneficiary upon the owner's death, bypassing the probate process.
Filing Will and Probatings - The South Carolina ( SC ) Probate Code of Laws requires that the Last Will and Testament be delivered to the Probate Court within 30 days of the decedent's death.
