Mccormick County Quitclaim Deed (LLC Grantor) Form

When a limited liability company puts real estate on the record in South Carolina, one person's signature does the work of the entire company. This quitclaim deed is configured for that: a limited liability company stands alone as grantor, one authorized member or manager signs in the company name, and one grantee takes whatever interest the company holds, without covenant or warranty of title.

One signature in the company name

South Carolina answers the authority question inside its limited liability company act. Under Section 33-44-301(c) of the South Carolina Code, unless the articles of organization limit their authority, any member of a member-managed company or manager of a manager-managed company may sign and deliver any instrument transferring or affecting the company's interest in real property, and the instrument is conclusive in favor of a person who gives value without knowledge that the signer lacked authority. In a manager-managed company a member is not an agent merely by being a member, while each manager is. The deed recites the capacity claimed and the absence of a limitation in the articles; the articles, the operating agreement, and any resolution of the members are where that authority resides.

The LLC grantor configuration

Section 1 names the company and its mailing address, with a separate entry for the state under whose law it was organized. In Section 8 the company remises, releases, and forever quitclaims whatever interest it holds in the described land, with no covenant of title from the company or from the individual signing for it. Section 9 sets the company name above one signature line, adds a printed name entry and a title entry for the office the signer holds, and carries two witness blocks, the pair Sections 27-7-10 and 30-5-30(B) contemplate on a South Carolina deed; one acknowledgment certificate follows, naming the signer with that capacity. A company distributing a parcel to a member, releasing a remnant strip to an adjoining owner after a survey, or clearing an uncertain link in an old chain of title presents the pattern this deed recites. The form recites one company as grantor and one signer for it; co-owners signing in their own right, an individual owner, and two companies conveying together each follow a different pattern.

Deed stamps between a company and its owner

Section 12-24-10 sets the charge counties bill as deed stamps at $1.85 for each $500, or part of $500, of the value of the realty. Section 12-24-30 changes what value means when the parties are an entity and its owner: for realty transferred between a corporation, a partnership, or other entity and its stockholder, partner, or owner, value is fair market value, so a nominal recital does not set the charge when a company conveys to a member. Section 12-24-40(8) shuts the other side of that door, keeping a transfer from an entity to an owner subject to the fee even where the property lands in a second entity. The completed example runs it out on a $214,000 fair market value: 428 increments of $500, $791.80 in deed stamps, beside the flat $15 Section 8-21-310 charges to record a deed. The affidavit of value under Section 12-24-70 is its own document.

Reappraisal, and a notice the register never sees

Section 12-37-3150 counts a deed among the assessable transfers of interest that send a parcel to reappraisal, recorded or not, and it reaches company paperwork that never reaches a recording counter: a transfer of more than fifty percent of the ownership interests in an entity holding South Carolina real property is itself an assessable transfer, with notice due to the county assessor within forty five days and civil penalties for missing it.

What the record asks

This instrument, also written as a quit claim deed and known in South Carolina practice as a non-warranty deed, carries no title assurance, and Section 30-5-35 leaves deeds of that class outside its derivation clause, so the prior instrument entry stays informational. The grantee mailing address that section requires is live, county intake lists add the tax map number, and Section 30-7-10 dates the deed's effect from the hour it reaches the record.

The purchase delivers three files: the fillable deed, a completed York County example filled in for a Fort Mill lot leaving a company, and a plain language guide covering the nine sections, the signing and witness mechanics, how grantees may hold what the deed releases, and recording. These materials describe South Carolina law in general terms; they are not legal advice.