Nov. 16, 2012

What Are South Carolina Seller Deed Stamps?

In South Carolina, there are a number of costs attached to the buying and selling of real property.  One cost apportioned to the seller is Deed or Doc Stamps.  When reviewing Seller costs, I often hear the question “What’s that?”  Simply put, it’s a fee charged by Charleston, Berkley and Dorchester Counties and the State of South Carolina to record the transfer of title to a piece of property.

In South Carolina the cost is $3.70 per $1,000 of real estate sold.  So if your home sells for $200,000 a seller would be charged $740 in deed stamps.
 
That $3.70 per $1,000 is split between the State ($2.60) and the County ($1.10).  The bulk of the States portion goes to the States General Fund and the County’s portion is assigned to the Operation and Administration of local deed or recording office.  Surplus from there is then transferred to a General Fund for the County.

 

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