South Carolina § 29-3-720 Appraisal of the mortgaged property.

South Carolina Statutes

§ 29-3-720 — Appraisal of the mortgaged property.

South Carolina·Title 29 MORTGAGES AND OTHER LIENS·Ch. 3 MORTGAGES AND DEEDS OF TRUST GENERALLY

The board of appraisers as so constituted shall proceed to view and value the mortgaged property and all or a majority thereof shall make a sworn return within thirty days from their appointment of the true value of the property as of the date of sale, taking into consideration sale value, cost and replacement value of improvements, income production and all other proper elements which, in their discretion, enter into the determination of true value.

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The board of appraisers as so constituted shall proceed to view and value the mortgaged property and all or a majority thereof shall make a sworn return within thirty days from their appointment of the true value of the property as of the date of sale, taking into consideration sale value, cost and replacement value of improvements, income production and all other proper elements which, in their discretion, enter into the determination of true value.

South Carolina § 29-3-720 (Appraisal of the mortgaged property.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.