South Carolina § 29-3-20 Prior mortgages may be redeemed by second mortgagees.

South Carolina Statutes

§ 29-3-20 — Prior mortgages may be redeemed by second mortgagees.

South Carolina § 29-3-20

Title 29MORTGAGES AND OTHER LIENS

Ch. 3MORTGAGES AND DEEDS OF TRUST GENERALLY

This text of South Carolina § 29-3-20 (Prior mortgages may be redeemed by second mortgagees.) 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. § 29-3-20 (2026).

Text

If it so happen there be more than one mortgage at the same time by any person to any person or persons of the same lands and tenements, the several mortgagees who have not registered or recorded their mortgages, their heirs, executors, administrators or assigns, may redeem any former mortgage registered upon payment of the principal debt, interest and cost of suit to the prior mortgagee, his heirs, executors, administrators or assigns.

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If it so happen there be more than one mortgage at the same time by any person to any person or persons of the same lands and tenements, the several mortgagees who have not registered or recorded their mortgages, their heirs, executors, administrators or assigns, may redeem any former mortgage registered upon payment of the principal debt, interest and cost of suit to the prior mortgagee, his heirs, executors, administrators or assigns.

Legislative History

HISTORY: 1962 Code SECTION 45-52; 1952 Code SECTION 45-52; 1942 Code SECTION 8886; 1932 Code SECTION 8886; Civ. C. '22 SECTION 5317; Civ. C. '12 SECTION 3547; Civ. C. '02 SECTION 2461; G. S. 1781; R. S. 1973; 1698 (2) 137.