Terms Used In South Carolina Code 38-75-905

• Associate: means any one of the following:
  
  (a) a business organized for profit in which a producer of title business is a director, officer, partner, employee, or owner of one percent or more of the equity capital thereof;
  
  (b) an employee of a producer of title business;
  
  (c) a franchisor or franchisee of a producer of title business;
  
  (d) a spouse, parent, or child of a producer of title business;
  
  (e) a person, other than an individual, that controls, is controlled by, or is under common control with, a producer of title business;
  
  (f) a person with whom a producer of title business or any associate of such producer has any agreement, arrangement, or understanding or pursues any course of conduct, the purpose or substantial effect of which is to evade the provisions of this article. See South Carolina Code 38-75-905
• Director: means the person who is appointed by the Governor upon the advice and consent of the Senate and who is responsible for the operation and management of the department. See South Carolina Code 38-1-20
• Person: means a corporation, agency, partnership, association, voluntary organization, individual, or another entity, organization, or aggregation of individuals. See South Carolina Code 38-1-20
• producer: means any person, including any officer, director, or owner of five percent or more of the equity or capital of any person engaged in this State in the trade, business, occupation, or profession of any one of the following:
  
  (a) buying or selling interests in real property;
  
  (b) making loans secured by interests in real property;
  
  (c) acting as broker, agent, representative, or attorney of a person who buys or sells any interest in real property or who lends or borrows money with such interest as security. See South Carolina Code 38-75-905
• Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.