South Carolina House Bill 3805: Mortgage Payments

South Carolina · 2025-2026 Regular Session

What it does

Amend The South Carolina Code Of Laws By Adding Section 29-1-70 So As To Provide A Mandatory Minimum Grace Period Of Twenty Days For A Mortgage Payment, To Define The Term "grace Period," And To Provide That This Section Does Not Apply To A Simple Interest Or Other Mortgage In Which Interest Accrues Daily.

Latest action

Referred to Committee on Judiciary (2025-01-28)

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