Articles 2018-02-06T08:55:09+00:00

What is the “Closing Table”?

The “Closing Table” is your resource for real estate laws, news, and information in South Carolina. These articles are for realtors, mortgage lenders, buyers, and sellers of property in South Carolina.

What Just Happened?

By | June 1st, 2018|Legal Tips|

As I finished my last closing today, I started pondering what legal tip to post. This week was the busiest week we have seen in real estate since pre-recession.  Not since the days of the [...]

Expiration of Offer

By | May 25th, 2018|Legal Tips|

As the market continues to heat-up, acceptance of offers is beginning to be a problem.  Oftentimes, sellers want to wait until the last minute to respond to an offer in hopes that a more attractive [...]

When can you Re-List the Property?

By | May 4th, 2018|Legal Tips|

If a property is under contract to close and the buyer notifies the seller that they will be unable to close, can the seller re-list the property and accept another contract? It is a difficult [...]

When is the Contract Ratified?

By | April 27th, 2018|Legal Tips|

I continue to get calls asking when a contract is considered ratified. The agents also want to understand how the contract effective date is determined and when timing is triggered in the contract on items such [...]

Are You Getting the Offer Rejection Forms?

By | April 19th, 2018|Legal Tips|

On August 26, 2016 I wrote a legal tip discussing the new Offer Rejection Form that was required under the new Real Estate Agent law. South Carolina Code §40-57-135(I)(5) states, "If an offer is rejected [...]