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

State Locations

                                                                                                 A STATE- BY- STATE GUIDE
        R E A L         E S T A T E           L A W S          &      C U S T O M S                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



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