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South Carolina Property Disclosure Statement

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The South Carolina property disclosure statement is document that residential property sellers must complete to disclose details of their property and its condition to potential buyers. The completed document will provide the buyer with information that may influence their decision to purchase, including the property’s water supply, plumbing, electricity, heating, needed repairs, health risks, and code violations. State law requires that property owners complete this form and provide it to buyers before entering an agreement.

Laws § 27-50-40

Purchase Agreement – A purchase contract that must be signed by the buyer and seller of residential real estate to transfer the property.