Timeshare Lien Foreclosures | Midpage

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South Carolina Code of Laws

Article 3

Timeshare Lien Foreclosures

27-32-300Short title 27-32-305Purpose 27-32-310Definitions 27-32-315Who may serve as trustee; appointment of successor trustee; notice of substitution of trustee 27-32-320Mortgage and assessment lien foreclosure statements; Resolution Trust Corporation mortgages 27-32-325Conditions for exercise of power of sale by trustee 27-32-330Notification of obligor; perfection of notice 27-32-335Contents, recording, and publication of notice of sale; right to cure default; copy to obligor; subsequent interests 27-32-340Certificate of compliance; contents; recording; reliance on lienholder for facts and circumstances of default 27-32-345Public sale procedures; certificate of sale 27-32-350Effect of sale on rights of parties; lienholder deficiency judgment; validity of sale presumed 27-32-355Trustee's deed; release of lien extinguished by sale 27-32-360Disposition of proceeds of sale; costs and fees 27-32-365Trustee's deed; contents; effect; liability of trustee 27-32-370Relation of article to other foreclosure proceedings; right of action preserved; severability; managing entity to release address of timeshare owner