by Gary Pickren | Apr 7, 2016 | Legal Tips
After closing, many of your clients will receive an “Official Letter” from what purports to be the county Register of Deeds or Clerk of Court. The envelope will be stamped “Official” or “Official Business”. It may even say...
by Gary Pickren | Mar 31, 2016 | Legal Tips
A common question from real estate agents is does the seller or agent have to disclose that someone died in the house? Does it matter the manner of death? South Carolina Code §40-57-180 answers these question. The statute reads (paraphrased): No cause of action may...
by Gary Pickren | Mar 25, 2016 | Legal Tips
South Carolina allows real estate licensees to serve as dual agents in real estate transactions. It is important to understand when and how dual agency must be disclosed. Improper disclosure of dual agency is one of the leading matters resulting in disciplinary...
by Gary Pickren | Mar 18, 2016 | Legal Tips
Real estate agents are presented with many roadblocks after a contract is signed and have to work extra hard to keep deals together. A bad inspection or appraisal issue may cause a deal to fall apart. Sometimes it may be nothing more than a party wanting someone...
by Gary Pickren | Mar 11, 2016 | Legal Tips
There is plenty of misinformation in our marketplace concerning buyer preference. Although South Carolina does have buyer preference, it typically is not to the extent that some believe. South Carolina buyer preference is set forth in South Carolina Code §37-10-102....
by Gary Pickren | Mar 3, 2016 | Legal Tips
What is the difference in a general warranty deed and special warranty deed? A warranty deed is a deed in which the grantor (seller) warrants that she holds clear title to real property and has the legal right to sell it to the grantee (buyer). A warranty deed...