South Carolina Code 27-50-20. Scope of article
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This article applies to the following transfers of residential real property consisting of at least one but not more than four dwelling units:
(1) sale or exchange;
Terms Used In South Carolina Code 27-50-20
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
(2) installment land sales contract; or
(3) lease with an option to purchase contract.