South Carolina § 29-3-780 Entry of release of mortgage on land sold in foreclosure sale.

South Carolina Statutes

§ 29-3-780 — Entry of release of mortgage on land sold in foreclosure sale.

South Carolina § 29-3-780

Title 29MORTGAGES AND OTHER LIENS

Ch. 3MORTGAGES AND DEEDS OF TRUST GENERALLY

This text of South Carolina § 29-3-780 (Entry of release of mortgage on land sold in foreclosure sale.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

S.C. Code Ann. § 29-3-780 (2026).

Text

Upon confirmation of the circuit court of the report of the master or the other officer making a sale of lands pursuant to decree of foreclosure, the officer of the court making the sale shall cause to be recorded in the office where the foreclosed mortgage is recorded a release, cancellation, and satisfaction of the lien in the form prescribed in Section 29-3-790. However, nothing in this section may be construed to satisfy any unpaid portion of the debt secured by the mortgage.

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Upon confirmation of the circuit court of the report of the master or the other officer making a sale of lands pursuant to decree of foreclosure, the officer of the court making the sale shall cause to be recorded in the office where the foreclosed mortgage is recorded a release, cancellation, and satisfaction of the lien in the form prescribed in Section 29-3-790. However, nothing in this section may be construed to satisfy any unpaid portion of the debt secured by the mortgage.

Legislative History

HISTORY: 1962 Code SECTION 45-97; 1952 Code SECTION 45-97; 1942 Code SECTION 3620; 1932 Code SECTION 3620; Civ. C. '22 SECTION 2164; Civ. C. '12 SECTION 1340; Civ. C. '02 SECTION 942; 1900 (23) 347; 1926 (34) 1013; 1929 (36) 17; 1990 Act No. 460, SECTION 1.