South Carolina Code of Laws — Title 12 (Taxation)
S.C. Code Ann. § 12-51-70
Default by successful bidder; readvertisement of property
Official textscstatehouse.gov
If the successful bidder fails to remit in legal tender within the time specified, the person officially charged with the collection of delinquent taxes shall cancel that bid and duly readvertise the same property for sale, in the same manner, on a subsequent delinquent tax sale date. The defaulting bidder is liable for no more than five hundred dollars damages upon default, which may be collected by suit by the person officially charged with the collection of delinquent taxes in the name of the taxing authority.
Source: view the official text
In this chapter (18 sections)
- 12-51-40 · Default on payment of taxes; levy of execution by distress…
- 12-51-50 · Sale of property; procedures; defaulting taxpayer or grantee…
- 12-51-55 · Required bid on behalf of Forfeited Land Commission when…
- 12-51-60 · Payment by successful bidder; receipt; disposition of…
- 12-51-70 · Default by successful bidder; readvertisement of property
- 12-51-80 · Settlement by treasurer
- 12-51-90 · Redemption of real property; assignment of purchaser's…
- 12-51-95 · Owner of mobile or manufactured home may redeem property
- 12-51-96 · Conditions of redemption
- 12-51-100 · Cancellation of sale upon redemption; notice to purchaser;…
- 12-51-110 · Personal property shall not be subject to redemption;…
- 12-51-120 · Notice of approaching end of redemption period
- 12-51-130 · Execution and delivery of tax title; costs and fees;…
- 12-51-135 · Removal of erroneously issued warrants
- 12-51-140 · Notice to mortgagees
- 12-51-150 · Official may void tax sales
- 12-51-160 · Deed as evidence of good title; statute of limitations
- 12-51-170 · Contract with county for collection of taxes due…