Page 44 - Real Estate Laws and Customs - State by State Guide by Old Republic Title
P. 44

State Locations

                                                                                               A STATE - BY - STATE GUIDE
       REAL ESTATE LAWS AND CUSTOMS                                                               SOUTH CAROLINA

       Title Insurance Rates   SOUTH CAROLINA
            Filed

       Form of Conveyance   SOUTH CAROLINA
            General Warranty Deed


       State Encumbrance Forms   SOUTH CAROLINA
            Mortgage

       Customary Closing Entity   SOUTH CAROLINA
            Attorney

       Commitment Issued? Duration?   SOUTH CAROLINA
            Yes; 6 Months

       When Is Invoice Issued?   SOUTH CAROLINA
            With Commitment

       Deed Transfer Tax?   SOUTH CAROLINA
            Yes; Deed Recording Fee

       Mortgage Tax?   SOUTH CAROLINA
            No

       Leasehold Tax?   SOUTH CAROLINA
            No


       Remote Online Notarization (RON) Status   SOUTH CAROLINA
            Not Permitted
       CUSTOMARY SPLITS

       Owner’s Policy Premium   SOUTH CAROLINA
            Buyer Pays


       Loan Policy Premium   SOUTH CAROLINA
            Buyer Pays


       Title Search and Exam Fees   SOUTH CAROLINA
            Buyer Pays


       Survey Charges   SOUTH CAROLINA
           Buyer Pays; Sometimes Negotiated


       Deed Transfer Tax   SOUTH CAROLINA
            Seller Pays


       Mortgage Tax   SOUTH CAROLINA
            Not Applicable


       Closing Fees   SOUTH CAROLINA
            Buyer Pays


       Recording Fees   SOUTH CAROLINA
            Buyer Pays


                   UCC coverage is available; for assistance with your transaction contact UCC@oldrepublictitle.com  44

                                                  oldrepublictitle.com/ncs                                       Updated 07/2023
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