South Carolina Sample Letter for Quitclaim Deed
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How to fill out Sample Letter For Quitclaim Deed?
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FAQ
To add a name to your property you must sign a new deed conveying interest to an individual. To take someone's name off property they must sign a new deed conveying their interest to someone else.
Laws & Requirements Statute Title 27 ? Property and Conveyances: The property's legal description, which includes not just the street address, is required when describing the property in a quitclaim deed. Signing Requirements § 30-5-30: The grantor signs the quitclaim deed, acknowledged by a notary or officials.
To add a name to your property you must sign a new deed conveying interest to an individual. To take someone's name off property they must sign a new deed conveying their interest to someone else.
The new owner or other person requesting recording must present to the register of deeds a completed affidavit for taxable or exempt transfers when filing a South Carolina deed. The affidavit calculates the deed recording fee?attesting to the property's value or the reason the deed is tax-exempt.
Due to this, quitclaim deeds typically are not used in situations where the property involved has an outstanding mortgage. After all, it would be difficult for many grantors to pay off a mortgage without proceeds from the sale of the property.
A: Yes, a quitclaim deed can protect you by getting the deed in your own name exclusively. This is possible through a divorce proceeding or your spouse can sign a quitclaim to relinquish his rights to the property.
A South Carolina special warranty deed is a written instrument transferring a property interest from the current owner (the grantor) to a new owner (the grantee) with limited warranty of title. Warranty of title is the current owner's guaranty that a deed conveys real estate with a valid, clear title.
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. 12-24-70(A)(1)).
