South Carolina Quitclaim Deed for Mineral / Royalty Interest
Description
How to fill out Quitclaim Deed For Mineral / Royalty Interest?
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FAQ
South Carolina does not recognize transfer-on-death (TOD) deeds.
How to fill out quit claim deed sc: Obtain the necessary form. ... Fill in the parties involved. ... Provide a legal description of the property. ... Indicate the consideration. ... Sign and notarize the deed. ... Record the deed.
The deed recording fee is one dollar and eighty-five cents for each five hundred dollars, or fractional part of five hundred dollars, of the realty's ?value? as determined by S.C. Code § 2-24-30.
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.
Your parents can put your name on the deed to their house. Many people might see this as a simple method of estate planning. However, it may be a bad idea.
Preparation & Execution MUST be completed prior to attempting to record the document in the Register of Deeds. 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.
Family Deeds: Deeds that transfer realty to a spouse are exempt from the deed recording fee under Code Section 12-24-40(4) regardless of whether or not any consideration was paid or will be paid for the transfer.
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.
