Affidavit Of True Consideration And Exemption For Existing Encumbrance - County Of Beaufort

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STATE OF SOUTH CAROLINA
)
)
AFFIDAVIT OF TRUE
CONSIDERATION
COUNTY OF BEAUFORT
)
and Exemption for Existing Encumbrance
PERSONALLY appeared before me the undersigned, who being duly sworn, deposes and says:
1.
I have read the information on this affidavit and I understand such information to be true and complete to the best
of my knowledge and belief. In accordance with Sect. 12-24-70, I am the responsible person connected with this
transaction.
2.
Description/location of property being transferred is:_______________________________________
________________________________________Tax District/Map/Parcel # R___-___-___-____-____-__.
This property was transferred by____________________________________________________________
to____________________________________________________________________, _______________
3.
The Deed is:
a)
____ subject to the Deed recording fee as a transfer for consideration paid or to be paid in money or money’s
worth; or, is subject to the Deed recording fee as a transfer between a corporation, a partnership, or other
entity, and a stockholder, partner, or owner of the entity, or is a transfer to a trust or as a distribution to a trust
beneficiary.
b)
____ exempt from the Deed Recording Fee under 12-24-40 subsection ______, SC Code.
4.
Check one of the following if 3(a), above has been checked:
a)
____ The Recording Fee is computed on the consideration paid or to be paid in money or money’s worth in
the amt of $________________.
b)
____ Fee is computed on the fair market value of the realty, which is $_____________________.
c)
____ The Fee is computed on the fair market value of the realty as established for property tax purposes,
which is: $ _________________________.
5.
EXEMPTION FOR EXISTING ENCUMBRANCE: A lien or encumbrance existed on the land, tenement, or
realty before the transfer and remained on the land, tenement or realty after the transfer. The amount of the outstanding
balance of this Lien or encumbrance is: $_______________________.
The Deed Recording Fee is computed as follows:
a)
Amount listed in item 4, above: $ ________________________
b)
Amount listed in this item 5, above:
________________________
c)
Subtract Line 5.(a) from line 5.(b):
$ ________________________
The Deed Recording Fees due, which are calculated against the net amount listed on Line
4. (___), above is: $ ________________
or 5.(c), above is: $ ________________
Signature of Responsible Person Connected with Transaction: ___________________________________
Printed/Typed Name and Capacity/Title of Responsible Person:
SWORN to before me this _____ day of _______, 20__.
Signed: __________________________________________
NOTARY PUBLIC for _______________________________
My Commission Expires: __________________________

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