Notes on various Real Estate information in South Carolina

• Deed Recording Fees on Equity = $1.85 per $500.
• Investment Assessment Rate          = 6%
• Owner-occupied Assessment Rate =  4%
• Cash or Certified Check Down Payment for Earnest  Money  = Deposit in Escrow Acct. within 48 hours , excluding Sat., Sun., and Bank holidays, after RECEIPT.
• Other than Cash or Certified Check payments = Deposit in Escrow Acct. within 48 hours excluding Sat, Sun and Bank holidays after RATIFICATION, (after acceptance of the offer by both parties).
• Listings must have a definite termination date.
• If a Broker is convicted, he must report it within 10 days to the SC Real Estate Commission.
• Deposit Slips & other documents must be kept for five years.
• A seller can accept an offer as a "back-up offer" with the offeror's approval.
• An individual can file a complaint with the SC Human Affairs Commission within 180 days. The HUD will hear complaints submitted within 12 months.
• Security Deposit must be returned to the tenant with in 30 days.
• If tenant's whereabouts are unknown, the landlord can declare abandonment on the 15th day.
• Landlord may terminate a Rental Agreement if tenant fails to pay rent within 5 days.
• Landlord may increase rent for good reason  after term of lease expires.
• The Landlord may terminate a month-to-month lease with a 30 days notice.