Selling your home without an agent inTaylors, South Carolina

S.C. Code § 27-50-20

South Carolina’s Article 1 property-condition disclosure regime applies to listed transfers involving residential real property with at least one and no more than four dwelling units.

S.C. Code § 27-50-250(B)

Before ratification of a South Carolina sale contract for property subject to vacation rentals, the grantor must disclose in writing every future period for which the property is subject to a vacation rental.

S.C. Code § 27-50-40(A)

Unless a § 27-50-30 exemption applies, a South Carolina owner must furnish the purchaser a written disclosure statement using the Commission-promulgated language and form.

S.C. Code § 27-50-50(A)

For covered South Carolina property, the owner must deliver the required disclosure form before the purchaser and owner sign the real estate contract, unless the contract provides a different agreed timing.

S.C. Code § 27-50-50(B)

South Carolina § 27-50-50(B) says failure to provide the required disclosure does not void the agreement, create a title defect, or by itself justify delaying or interfering with closing.

S.C. Code § 27-50-60

If a South Carolina owner discovers a material inaccuracy after delivery, or a later event materially makes the disclosure inaccurate, the owner must promptly deliver a corrected statement or make reasonable repairs necessitated by the occurrence before closing.

42 U.S.C. § 4851b(27)

Federal lead-disclosure law generally defines target housing as housing constructed before 1978, subject to the statutory elderly, disability, zero-bedroom, child-occupancy, and jurisdiction-specific exceptions.

42 U.S.C. § 4852d(a)(1)(B)

Before a purchaser or lessee is contractually obligated for target housing, the seller or lessor must disclose known lead-based paint or hazards and provide available lead-hazard evaluation reports.

42 U.S.C. § 4852d(a)(1)(C)

For a target-housing sale, the seller must permit the purchaser a 10-day lead risk-assessment or inspection period unless the parties mutually agree to a different period.

S.C. Code § 27-50-40(B)

South Carolina’s disclosure statement must let the owner indicate actual knowledge of each specified characteristic or condition or make no representation as to that characteristic or condition.

S.C. Code § 27-50-80

South Carolina’s disclosure article does not limit the purchaser’s obligation to inspect the physical condition of the covered property and improvements.