South Carolina Code 15-3-520. Within twenty years
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Within twenty years:
(a) an action upon a bond or other contract in writing secured by a mortgage of real property;
Terms Used In South Carolina Code 15-3-520
- Contract: A legal written agreement that becomes binding when signed.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(b) an action upon a sealed instrument, other than a sealed note and personal bond for the payment of money only whereon the period of limitation is the same as prescribed in § 15-3-530, except that a sealed contract for sale or an offer to buy or sell goods whereon the period of limitation is the same as prescribed in § 36-2-725.