§ 29-3-10 Rights and title of mortgagor and mortgagee
§ 29-3-20 Prior mortgages may be redeemed by second mortgagees
§ 29-3-30 Mortgagee may pay taxes
§ 29-3-40 Priority of certain advancements by mortgage
§ 29-3-50 Mortgage for future advances; mortgage or lien on property held by gas or electric utility or electric cooperative
§ 29-3-70 Limitation on requirement of casualty insurance by mortgagee
§ 29-3-80 Effect of recording of mortgage or other instrument by gas or electric utility or electric cooperative; after-acquired property; notice
§ 29-3-90 Description of property interests of gas or electric utility or electric cooperative
§ 29-3-100 Validity of certain assignments of rents, issues, or profits

Terms Used In South Carolina Code > Title 29 > Chapter 3 > Article 1 - Validity and General Rights

  • Contract: A legal written agreement that becomes binding when signed.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • 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.
  • 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
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • 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
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Mortgage loan: A loan made by a lender to a borrower for the financing of real property. Source: OCC
  • Mortgagee: The person to whom property is mortgaged and who has loaned the money.
  • Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.
  • Personal property: All property that is not real property.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.