Current Status Introducing Body:
HouseBill Number: 3685Ratification Number: 615Act Number: 491Primary Sponsor: J. WilliamsType of Legislation: GBSubject: Mortgagees, notice of sale toDate Bill Passed both Bodies: May 28, 1992Computer Document Number: DKA/3083.ALGovernor's Action: SDate of Governor's Action: Jul 01, 1992Introduced Date: Mar 13, 1991Date of Last Amendment: May 28, 1992Last History Body: ------Last History Date: Jul 01, 1992Last History Type: Act No. 491Scope of Legislation: StatewideAll Sponsors: J. Williams Klapman WoffordType of Legislation: General Bill
Bill Body Date Action Description CMN ---- ------ ------------ ------------------------------ --- 3685 ------ Jul 01, 1992 Act No. 491 3685 ------ Jul 01, 1992 Signed by Governor 3685 ------ Jun 04, 1992 Ratified R 615 3685 House May 28, 1992 Ordered enrolled for ratification 3685 House May 28, 1992 Conference Committee Report 98 received, adopted 3685 Senate May 21, 1992 Conference Committee Report 98 received, adopted 3685 House May 12, 1992 Conference powers granted, 98 appointed Reps. to Committee of Conference 3685 Senate May 07, 1992 Conference powers granted, 98 appointed Senators to Committee of Conference 3685 Senate May 07, 1992 Insists upon amendment 3685 House Apr 28, 1992 Non-concurrence in Senate amendment 3685 Senate Apr 22, 1992 Read third time, returned to House with amendment 3685 Senate Apr 21, 1992 Amended, read second time, ordered to third reading with notice of general amendments 3685 Senate Apr 15, 1992 Committee Report: Favorable 06 with amendment 3685 Senate Mar 21, 1991 Introduced, read first time, 06 referred to Committee 3685 House Mar 21, 1991 Read third time, sent to Senate 3685 House Mar 20, 1991 Read second time 3685 House Mar 13, 1991 Introduced, read first time, placed on Calendar without referenceView additional legislative information at the LPITS web site.
(A491, R615, H3685)
AN ACT TO AMEND SECTION 12-49-300, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE NOTICE OF SALE TO MORTGAGEES OR ASSIGNEES, SO AS TO PROVIDE NOTICE TO A MORTGAGEE OF RECORD WITHIN TWENTY YEARS OF THE SEIZURE INSTEAD OF TEN YEARS, TO PROVIDE THAT THE NOTICE MAY BE SENT BY CERTIFIED MAIL, RETURN RECEIPT REQUESTED - DELIVER TO ADDRESSEE ONLY, AND TO MAKE GRAMMATICAL CORRECTIONS.
Be it enacted by the General Assembly of the State of South Carolina:
Notice of foreclosure sale to mortgagees
SECTION 1. Section 12-49-300 of the 1976 Code is amended to read:
"Section 12-49-300. When real estate is sold for taxes in a county, the sheriff, before delivering the title to real estate to the purchaser at such sale, shall give at least thirty days' notice of the sale to a mortgagee or assignee of a mortgage appearing of record within twenty years of the seizure who has an interest in the real estate in order that the mortgagee or assignee may have opportunity to redeem the real estate, as provided by law for the owner. The notice must be served either on the mortgagee or assignee in person or forwarded to his last known post office address by certified mail, return receipt requested - deliver to addressee only. When his whereabouts are unknown, the notice may be published upon petition and order as required for service of summons by publication in civil actions. The expense of the publication and petition must be paid in advance of publication by the purchaser at the sale."
SECTION 2. This act takes effect upon approval by the Governor.
Approved the 1st day of July, 1992.