South Carolina § 27-29-130 Revocation of registration.

South Carolina Statutes

§ 27-29-130 — Revocation of registration.

South Carolina § 27-29-130

Title 27PROPERTY AND CONVEYANCES

Ch. 29UNIFORM LAND SALES PRACTICE ACT

This text of South Carolina § 27-29-130 (Revocation of registration.) 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. § 27-29-130 (2026).

Text

(a)A registration may be revoked after notice and hearing upon a written finding of fact that the subdivider has:

(1)failed to comply with the terms of a cease and desist order;

(2)been convicted in any court subsequent to the filing of the application for registration for a crime involving fraud, deception, false pretenses, misrepresentation, false advertising, or dishonest dealing in real estate transactions;

(3)disposed of, concealed, or diverted any funds or assets of any person so as to defeat the rights of subdivision purchasers;

(4)failed to faithfully perform any stipulation or agreement made with the commission as an inducement to grant any registration, to reinstate any registration, or to approve any promotional plan or public offering statement;

(5)made intentional misrep

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(a) A registration may be revoked after notice and hearing upon a written finding of fact that the subdivider has: (1) failed to comply with the terms of a cease and desist order; (2) been convicted in any court subsequent to the filing of the application for registration for a crime involving fraud, deception, false pretenses, misrepresentation, false advertising, or dishonest dealing in real estate transactions; (3) disposed of, concealed, or diverted any funds or assets of any person so as to defeat the rights of subdivision purchasers; (4) failed to faithfully perform any stipulation or agreement made with the commission as an inducement to grant any registration, to reinstate any registration, or to approve any promotional plan or public offering statement; (5) made intentional misrepresentations or concealed material facts in an application for registration. Findings of fact, if set forth in statutory language, must be accompanied by a concise and explicit statement of the underlying facts supporting the findings. (b) If the commission finds after notice and hearing that the subdivider has been guilty of a violation for which revocation could be ordered, it may issue a cease and desist order instead.