SC H4808 | 2009-2010 | 118th General Assembly

Status

Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on April 13 2010 - 25% progression, died in chamber
Action: 2010-05-25 - Recommitted to Committee on Judiciary HJ-124

Summary

A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 27-1-70 SO AS TO PROVIDE CERTAIN DEFINITIONS RELATED TO TRANSFER FEE COVENANTS, TO STATE CERTAIN FINDINGS RELATED TO TRANSFER FEE COVENANTS, TO PROVIDE A TRANSFER FEE COVENANT RECORDED AFTER THE EFFECTIVE DATE OF THIS SECTION, OR ANY LIEN TO THE EXTENT THAT IT PURPORTS TO SECURE THE PAYMENT OF A TRANSFER FEE, IS NOT BINDING ON OR ENFORCEABLE AGAINST THE AFFECTED REAL PROPERTY OR ANY SUBSEQUENT OWNER, PURCHASER, OR MORTGAGEE OF ANY INTEREST IN THE PROPERTY, AND TO PROVIDE THE SECTION DOES NOT IMPLY THAT A TRANSFER FEE COVENANT RECORDED BEFORE THE EFFECTIVE DATE OF THIS SECTION IS VALID OR ENFORCEABLE.

Tracking Information

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Title

Provide Certain Definitions Related To Transfer Fee Covenants, To State Certain Findings Related To Transfer Fee Covenants, To Provide A Transfer Fee Covenant Recorded After The Effective Date Of This Section, Or Any Lien To The Extent That It Purports To Secure The Payment Of A Transfer Fee, Is Not Binding On Or Enforceable Against The Affected Real Property Or Any Subsequent Owner, Purchaser, Or Mortgagee Of Any Interest In The Property, And To Provide The Section Does Not Imply That A Transfer Fee Covenant Recorded Before The Effective Date Of This Section Is Valid Or Enforceable.

Sponsors


History

DateChamberAction
2010-05-25 Recommitted to Committee on Judiciary HJ-124
2010-05-12 Debate adjourned until Thursday, May 13, 2010 HJ-56
2010-05-12 Member(s) request name added as sponsor: T.R.Young
2010-04-29 Debate adjourned until Tuesday, May 4, 2010 HJ-71
2010-04-29 Member(s) request name added as sponsor: Hardwick
2010-04-27 Requests for debate-Rep(s). Clemmons, Kennedy, Ballentine, Huggins, Frye, Hardwick, Hearn, Willlis, Hosey, GR Smith, and Bedingfield HJ-61
2010-04-22 Recalled from Committee on Judiciary HJ-40
2010-04-15 Member(s) request name added as sponsor: Bedingfield
2010-04-13 Referred to Committee on Judiciary HJ-21
2010-04-13 Introduced and read first time HJ-21

Code Citations

ChapterArticleSectionCitation TypeStatute Text
27170(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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