South Carolina Statutes
§ 27-29-40 — Prerequisites to disposition of interest in subdivided land.
Unless the subdivided lands or the transaction is exempt by SECTION 27-29-30:
(1)No person may in this State offer or dispose of any interest in subdivided lands prior to the time the subdivided lands are registered in accordance with this chapter;
(2)No person may dispose of any interest in subdivided lands unless a current public offering statement is delivered to the purchaser and the purchaser is afforded a reasonable opportunity to examine the public offering statement prior to the disposition.
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South Carolina § 27-29-40 (Prerequisites to disposition of interest in subdivided land.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 57-554; 1968 (55) 3052.
Nearby Sections
15
§ 27-29-10
Short title; definitions.§ 27-29-110
Powers of commission as to investigations.§ 27-29-120
Unlawful practices; cease and desist orders.§ 27-29-130
Revocation of registration.§ 27-29-140
Judicial review of orders.§ 27-29-150
Penalties.§ 27-29-160
Remedies of purchaser of subdivided land.§ 27-29-170
Jurisdiction of circuit court.§ 27-29-180
Extradition.§ 27-29-190
Service of process.§ 27-29-20
Administration.§ 27-29-200
Fees; land, books, and records subject to examination by commission; annual renewal reports.§ 27-29-210
Construction.§ 27-29-30
Exceptions to application of chapter.