South Carolina surplus funds recovery

S.C. Code Ann. § 12-51-130 governs tax-sale overage after taxes, assessments, penalties, costs and outstanding municipal tax liens. Remaining overage is payable 90 days after tax-deed execution unless another claimant sues.

S.C. Code Ann. § 12-51-130 governs tax-sale overage after taxes, assessments, penalties, costs and outstanding municipal tax liens. Remaining overage is payable 90 days after tax-deed execution unless another claimant sues. It must be claimed or assigned within five years of the public auction tax sale or escheats to the local governing body.

It must be claimed or assigned within five years of the public auction tax sale or escheats to the local governing body. Section 12-51-90 governs the separate 12-month property-redemption right.

S.C. R. Civ. P. 71(c) governs judicial mortgage-sale surplus claims, presented as verified claims to the master or other sale officer for court adjudication. The verified claim must be filed within 45 days after the statement of receipts and disbursements is filed.

S.C. R. Civ. P. 71(c) governs judicial mortgage-sale surplus claims, presented as verified claims to the master or other sale officer for court adjudication. The verified claim must be filed within 45 days after the statement of receipts and disbursements is filed. An unfiled claim is deemed abandoned and waived as to that surplus.

An unfiled claim is deemed abandoned and waived as to that surplus. The absence of post-sale property redemption is not the cash-claim deadline.

S.C. Code Ann. tit. 27, ch. 18 governs unclaimed property, with State Treasurer claims under § 27-18-250. Section 27-18-250 sets no fixed general initial owner-claim cutoff, and administrator review occurs within 90 days after filing.

S.C. Code Ann. tit. 27, ch. 18 governs unclaimed property, with State Treasurer claims under § 27-18-250. Section 27-18-250 sets no fixed general initial owner-claim cutoff, and administrator review occurs within 90 days after filing. Separate tax-sale overage under § 12-51-130 escheats locally after five years.

Section 27-18-250 sets no fixed general initial owner-claim cutoff, and administrator review occurs within 90 days after filing. Separate tax-sale overage under § 12-51-130 escheats locally after five years.

Section 12-51-90 governs the separate 12-month property-redemption right. The absence of post-sale property redemption is not the cash-claim deadline. Separate tax-sale overage under § 12-51-130 escheats locally after five years.