§ 27-5-10 Tenure of lands in State
§ 27-5-20 Rule in Shelley’s Case
§ 27-5-30 Construction of terms “failure of issue” and the like
§ 27-5-40 Feoffment with livery of seizin shall not defeat remainder
§ 27-5-50 Warranties by life tenants; collateral warranties
§ 27-5-60 Feoffments made by person wrongfully in possession
§ 27-5-80 Certain pension plans, annuity trusts, and the like of employers exempt from laws against perpetuities
§ 27-5-90 Effect of descent cast
§ 27-5-100 Right of entry of lawful owner or heirs against heirs of disseizor
§ 27-5-110 Entry on land
§ 27-5-120 Posthumous child shall take under will or settlement
§ 27-5-130 Deeds of real estate to pass entire estate; conveyance of fee simple absolute; construction of conflicting language

Terms Used In South Carolina Code > Title 27 > Chapter 5

  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Grantor: The person who establishes a trust and places property into it.
  • Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Personal property: All property that is not real property.
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • property: as used in this Title , includes both real and personal property. See South Carolina Code 15-1-50
  • real estate: as used in this Title are coextensive with lands, tenements and hereditaments. See South Carolina Code 15-1-30
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Testator: A male person who leaves a will at death.
  • Trustee: A person or institution holding and administering property in trust.