Short title
This chapter may be cited as the "Prohibition of Unfair Real Estate Service Agreements Act".
South Carolina · statute · S.C. Code tit. 27, ch. 28 · 5 active provisions
This chapter may be cited as the "Prohibition of Unfair Real Estate Service Agreements Act".
(A) This chapter is intended to prohibit the use of real estate service agreements that are unfair to an owner of residential real estate or to other persons who may become owners of that real estate in the future. This chapter also prohibits the recording of such residential real estate service agreements so that the…
(A) A real estate service agreement is unfair, void, and in violation of this chapter if the agreement is to be in effect for more than one year and either expressly or implicitly aims to do any of the following: (1) run with the land or bind future owners of residential real estate identified in the real estate servic…
(A) Any recorded unfair real estate service agreement or notice or memorandum of an unfair real estate service agreement is void. (B) All the following shall apply to a recording that is void under subsection (A): (1) The recording shall not operate as a lien, encumbrance, or security interest. (2) No owner or buyer sh…
In addition to any other rights provided by law, a violation of this chapter constitutes an unfair trade practice under Chapter 5 of Title 39, the South Carolina Unfair Trade Practices Act. Any party aggrieved by a violation of this chapter may bring a cause of action against the service provider and is entitled to the…