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Session 118 - (2009-2010)Printer Friendly
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H 4808 General Bill, By Clemmons, Bedingfield, Hardwick and T.R. Young
Summary: Fee covenants
A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 27-1-70 SO AS TO PROVIDE CERTAIN DEFINITIONS RELATED TO TRANSFER FEE COVENANTS, TO STATE CERTAIN FINDINGS RELATED TO TRANSFER FEE COVENANTS, TO PROVIDE A TRANSFER FEE COVENANT RECORDED AFTER THE EFFECTIVE DATE OF THIS SECTION, OR ANY LIEN TO THE EXTENT THAT IT PURPORTS TO SECURE THE PAYMENT OF A TRANSFER FEE, IS NOT BINDING ON OR ENFORCEABLE AGAINST THE AFFECTED REAL PROPERTY OR ANY SUBSEQUENT OWNER, PURCHASER, OR MORTGAGEE OF ANY INTEREST IN THE PROPERTY, AND TO PROVIDE THE SECTION DOES NOT IMPLY THAT A TRANSFER FEE COVENANT RECORDED BEFORE THE EFFECTIVE DATE OF THIS SECTION IS VALID OR ENFORCEABLE.
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Summary: Fee covenants
A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 27-1-70 SO AS TO PROVIDE CERTAIN DEFINITIONS RELATED TO TRANSFER FEE COVENANTS, TO STATE CERTAIN FINDINGS RELATED TO TRANSFER FEE COVENANTS, TO PROVIDE A TRANSFER FEE COVENANT RECORDED AFTER THE EFFECTIVE DATE OF THIS SECTION, OR ANY LIEN TO THE EXTENT THAT IT PURPORTS TO SECURE THE PAYMENT OF A TRANSFER FEE, IS NOT BINDING ON OR ENFORCEABLE AGAINST THE AFFECTED REAL PROPERTY OR ANY SUBSEQUENT OWNER, PURCHASER, OR MORTGAGEE OF ANY INTEREST IN THE PROPERTY, AND TO PROVIDE THE SECTION DOES NOT IMPLY THAT A TRANSFER FEE COVENANT RECORDED BEFORE THE EFFECTIVE DATE OF THIS SECTION IS VALID OR ENFORCEABLE.
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04/13/10 | House | Introduced and read first time HJ-21 |
04/13/10 | House | Referred to Committee on Judiciary HJ-21 |
04/15/10 | House | Member(s) request name added as sponsor: Bedingfield |
04/22/10 | House | Recalled from Committee on Judiciary HJ-40 |
04/27/10 | House | Requests for debate-Rep(s). Clemmons, Kennedy, Ballentine, Huggins, Frye, Hardwick, Hearn, Willlis, Hosey, GR Smith, and Bedingfield HJ-61 |
04/29/10 | House | Member(s) request name added as sponsor: Hardwick |
04/29/10 | House | Debate adjourned until Tuesday, May 4, 2010 HJ-71 |
05/12/10 | House | Member(s) request name added as sponsor: T.R.Young |
05/12/10 | House | Debate adjourned until Thursday, May 13, 2010 HJ-56 |
05/25/10 | House | Recommitted to Committee on Judiciary HJ-124 |