Rearrange Pages In Legal South Carolina Secured Transactions Forms For Free

Some mortgages, however, contain a ?due-on-sale? clause. This means that your mortgage may not be transferred to anyone, including a new buyer. Instead, you may be required to pay the entire balance due when you sell or transfer all or a part of your property.

At any time after service and filing of the statement required under Section 29-5-90 the owner or any other person having an interest in or lien upon the property involved may secure the discharge of such property from such lien by filing in the office of clerk of court or register of deeds where such lien is filed his ...

(A) Any mortgage or other instrument conveying an interest in or creating a lien on any real estate, securing existing indebtedness or future advances to be made, regardless of whether the advances are to be made at the option of the lender, are valid from the day and hour when recorded so as to affect the rights of ...

SECTION 29-1-10. Lien on real estate of no force after twenty years; exception for acknowledged debt or payment on account; lien on property interest held by gas or electric utility or electric cooperative.

Uniform Commercial Code Filings - General Information These public notices, called financing statements, indicate a commercial agreement between a debtor and a secured party. Financing statements are filed by banks, mortgage companies, and other lending institutions against secured collateral.

Section 29-5-20 provides, in relevant part, ?Every laborer, mechanic, subcontractor, or person furnishing material for the improvement of real estate when the improvement has been authorized by the owners has a lien thereon? to the value of the labor or material so furnished, including the costs of the action and a ...