Outline
The South Carolina Quitclaim Deed form serves as a vital instrument in real estate transactions, particularly when transferring property rights. This form allows an individual, known as the grantor, to convey their interest in a property to another party, referred to as the grantee, without providing any warranties regarding the title. Often utilized in situations such as transferring property between family members or clearing up title issues, the quitclaim deed is straightforward and efficient. It typically includes essential information such as the names of the parties involved, a legal description of the property, and the date of execution. While this form does not guarantee that the grantor holds clear title to the property, it simplifies the process of transferring ownership. Understanding its components and implications is crucial for anyone involved in property transactions in South Carolina.
Form Sample
South Carolina Quitclaim Deed
This document serves as a Quitclaim Deed, transferring interest in real property in the State of South Carolina without any warranties of title. It is executed in accordance with the South Carolina Code of Laws.
Preparer Information:
Name: ________________________
Address: ______________________
City, State, Zip: _______________
Phone: ________________________
After Recording Return To:
Name: ________________________
Address: ______________________
City, State, Zip: _______________
Phone: ________________________
Consideration:
The sum of $_______________ is hereby acknowledged.
Grantor(s) Information:
Name(s): ______________________
Address: ______________________
County of Residence: ___________
Grantee(s) Information:
Name(s): ______________________
Address: ______________________
County of Residence: ___________
Legal Description of Property:
_______________________________
_______________________________
_______________________________
The Grantor(s) ______________________ [name(s)] hereby quitclaims to the Grantee(s) ______________________ [name(s)], all their right, title, interest, and claim in the property described above, located in the County of ________________, South Carolina.
Execution:
Executed this ___ day of ____________, 20__.
__________________________________
Signature of Grantor
__________________________________
Signature of Grantee
State of South Carolina
County of _______________
On this ___ day of __________, 20__, before me, a notary public, personally appeared _______________________, known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument, and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument, the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
__________________________________
Notary Public Signature
My commission expires: _______________
Witness Attestation: (If required)
Witness #1 Name: ________________________
Witness #1 Signature: ____________________
Witness #2 Name: ________________________
Witness #2 Signature: ____________________
Form Attributes
| Fact Name | Description |
|---|---|
| Definition | A quitclaim deed is a legal document used to transfer ownership of real estate without any warranties. |
| Governing Law | The South Carolina Quitclaim Deed is governed by the South Carolina Code of Laws, Title 27, Chapter 7. |
| Parties Involved | The deed involves a grantor (the person transferring the property) and a grantee (the person receiving the property). |
| Use Cases | Commonly used among family members, divorcing spouses, or to clear up title issues. |
| No Guarantees | The grantor does not guarantee that the property is free from liens or claims. |
| Filing Requirements | The quitclaim deed must be filed with the county clerk of court where the property is located. |
| Consideration | While often executed without monetary exchange, some consideration is typically required for validity. |
| Witnesses | The deed must be signed in the presence of a notary public to be legally binding. |
| Tax Implications | Transfer taxes may apply, and it is advisable to consult a tax professional when executing a quitclaim deed. |
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