South Carolina Code 39-15-730. Purchaser’s lien on branded timber
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Terms Used In South Carolina Code 39-15-730
- Contract: A legal written agreement that becomes binding when signed.
- Lien: A claim against real or personal property in satisfaction of a debt.
- purchaser: as used in this article shall include any person acting either in his own behalf or as an employee, agent or representative of any other person. See South Carolina Code 39-15-710
- timber: as used in this article shall include trees, lying or prepared for sale, sawlogs and all other logs, crossties, boards, planks, staves, headings and all other timber cut or prepared for use or sale. See South Carolina Code 39-15-710
When any owner of timber shall agree to sell it, receive any portion of the purchase price therefor and consent to the purchaser‘s brand being placed thereon, such purchaser shall have a lien on such timber to secure him in the amount of the purchase price paid to such owner, which shall exist so long as such purchaser is not in default under the contract of purchase. But this section shall not prevent the title to such timber passing to the purchaser either by agreement of the parties or operation of law and the provisions of this section shall apply also to such cases in which the title has passed to the purchaser.