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Updated July 28, 2023

A South Carolina land contract establishes terms for a vacant land or lot transaction between a seller and purchaser. The contract documents the land/lot being sold, the parties involved in the deal, and the agreed-upon price in tandem with any additional financial contingencies. Pending approval from the seller, the buyer may utilize this form to propose an offering for the property. The seller can either accept, deny, or counter the offering. Negotiations shall continue in this fashion until an agreement is reached, at which point both parties must sign and execute the contract. The parties must then attend an in-person or virtual closing date upon finalizing the covenant in order to transfer the deed accordingly.

Where to Record? (SC Code § 30-7-10) – All deeds must be recorded at the Office of the Register of Deeds of the county in which the property is located.