South Carolina Code 12-49-1180. Effect of chapter on rights of mortgagee
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(A) The rights, interest, and security of a mortgagee complying with the provisions of § 12-49-1150 are not affected by a tax sale and a deed of conveyance, unless the provisions of § 12-49-1120 are complied with.
(B) Except as specifically provided in this article, the rights and remedies of a mortgagee granted elsewhere in this title are not affected by whether or not the mortgagee provides a mortgagee list of real property pursuant to § 12-49-1150.
Terms Used In South Carolina Code 12-49-1180
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Mortgagee: The person to whom property is mortgaged and who has loaned the money.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.