South Carolina Statutes

§ 12-51-70 — Default by successful bidder; readvertisement of property.

South Carolina § 12-51-70
JurisdictionSouth Carolina
Title 12TAXATION
Ch. 51ALTERNATE PROCEDURE FOR COLLECTION OF PROPERTY TAXES

This text of South Carolina § 12-51-70 (Default by successful bidder; readvertisement of property.) 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. § 12-51-70 (2026).

Text

If the successful bidder fails to remit in legal tender within the time specified, the person officially charged with the collection of delinquent taxes shall cancel that bid and duly readvertise the same property for sale, in the same manner, on a subsequent delinquent tax sale date. The defaulting bidder is liable for no more than five hundred dollars damages upon default, which may be collected by suit by the person officially charged with the collection of delinquent taxes in the name of the taxing authority.

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Legislative History

HISTORY: 1962 Code SECTION 65-2815.6; 1971 (57) 499; 1985 Act No. 166, SECTION 7; 2012 Act No. 186, SECTION 4, eff June 7, 2012.

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Bluebook (online)
South Carolina § 12-51-70, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/51/12-51-70.