South Carolina Residential Purchase Agreement

South Carolina Residential Purchase Agreement Template

A South Carolina residential purchase agreement lets sellers and buyers formalize their property transactions. This contract outlines crucial elements, such as the agreed-upon purchase price, down payment details, and financing arrangements, if applicable. The agreement may also incorporate contingencies to address specific conditions the parties must meet for the sale to proceed smoothly.

Once both parties affix their signatures to the document, they commit to fulfilling their respective obligations, thereby facilitating a successful closing. This comprehensive agreement not only ensures clarity on the sale’s terms and conditions but also provides a framework for dispute resolution.

Download: PDF or MS Word.

State Laws

Realtor Version

South Carolina Agreement to Buy and Sell Real Estate (Form 310)

Agreement to Buy and Sell Real Estate (Form 310)

The SC Association of Realtors distributes this form so realtors can document residential real estate sales.

Required Seller Disclosures

Lead Based Paint Disclosure Form

Lead-Based Paint Disclosure

Per federal law (42 U.S. Code § 4852d), residential property sellers must issue a lead-based paint disclosure form to prospective buyers if the property was constructed before 1978.

South Carolina Residential Property Condition Disclosure Statement Form

Residential Property Condition Disclosure Statement

The property seller uses this form to report the property's current material condition to the buyer. It must comply with the disclosure requirements in § 27-50-40.

Do Sellers in South Carolina Have to Disclose Property Defects?

Yes. Real estate sellers in South Carolina must disclose material defects when selling a property. The buyer won’t be solely responsible for ensuring the property’s condition. If an undisclosed issue arises after the sale, the buyer may have recourse options.

View Sources

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  1. SC Code § 27-50-60. https://www.scstatehouse.gov/code/t27c050.php#27-50-60
  2. SC Code § 27-50-30. https://www.scstatehouse.gov/code/t27c050.php#27-50-30
  3. SC Code § 40-57-136. https://www.scstatehouse.gov/code/t40c057.php#40-57-136
  4. SC Code § 48-39-330. https://www.scstatehouse.gov/code/t48c039.php#48-39-330

South Carolina Residential Purchase Agreement Template

Create Your South Carolina Residential Purchase Agreement in Minutes!