Escrow & Title
In South Carolina, the deed transfer tax (deed recording fee) is charged at what rate?
A$1.00 per $500 of consideration
B$1.30 per $500 of consideration
C$1.85 per $500 of consideration✓ Correct
D$2.50 per $500 of consideration
Explanation
South Carolina charges a deed recording fee (transfer tax) of $1.85 per $500 (or fraction thereof) of the consideration paid, typically paid by the seller at closing.
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