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South Carolina Residential Purchase Agreement

A South Carolina residential purchase agreement outlines the terms and conditions of a residential property sale. The agreement typically includes the closing date, purchase price, financing terms, and expiration date by which both parties must agree to the conditions.
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Required Disclosures (2)

Lead-Based Paint Disclosure – If selling a property built before 1978, the seller must furnish the buyer with this disclosure which contains information on the dwelling’s history of lead-based paint.

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Property Condition Disclosure Statement – All property sellers must provide this condition report to buyers prior to completing a residential real estate agreement. This document details the seller’s current knowledge of the material condition of the property.[1]

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If the seller is made aware of any inaccuracies after the disclosure statement had been made, the seller must disclose such defects prior to the closing.[2]