Sc Residential Sales Agreement

In South Carolina, sellers must enter into a real estate purchase agreement and are required to complete the following disclosure statement in order for an agreement to be considered legally binding: The agreement to buy and sell real estate is used by people wishing to buy or sell the property in South Carolina. This is a legally binding contract between two parties. Real estate purchase contracts usually include promises and provisions guaranteeing the condition of a property. Many states require sellers to disclose explicit information about the condition of a property. In states where this is necessary and where a seller intentionally conceals such information, they can be prosecuted for fraud. The South Carolina Sales Agreement provides the technical details related to the transaction of real estate for an agreed amount in dollars. .