News & Analysis as of September 18, 2024

Mortgages › Tax Sales

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The term "mortgage" typically refers to a mortgage loan. A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and... more +

Bill to Overhaul SC Tax Sale Procedure Would Expand Notice to Mortgagees

Bradley Arant Boult Cummings LLP on 3/23/2021

A bill pending before the South Carolina General Assembly, SB 102, would rewrite the procedure most commonly used to collect unpaid property taxes through the sale of real estate and mobile homes. Among other important...more

New Deadline in Effect to Claim Tax Sale Excess Proceeds in Florida

Baker Donelson on 10/15/2018

As we announced in our March 15, 2018 alert, a new deadline to claim excess proceeds generated by tax sales goes into effect November 1, 2018. Mortgage holders of record seeking to claim excess proceeds from tax sales in...more

Appellate Court Notes

Pullman & Comley, LLC on 8/25/2016

Supreme Court Advance Release Opinions: SC19496 - Commission on Human Rights & Opportunities v. Echo Hose Ambulance - The issue of this case was whether or not an unpaid volunteer, in this case for an ambulance...more

Recovery of Real Property in South Carolina After a Tax Sale

Bradley Arant Boult Cummings LLP on 6/21/2016

Acme Bank has a problem. Acme loaned $480,000 for the purchase of a beach house on Sullivan’s Island, South Carolina, securing the debt with a recorded mortgage. Six months ago, the bank received a letter from the county tax...more

Mortgage Holder’s Petition to Set Aside Judicial Tax Sale Rejected

Cozen O'Connor on 9/3/2014

A panel of the Commonwealth Court held that the trial court properly denied a mortgage holder’s petition to set aside the judicial tax sale of a property in Lackawanna County due to alleged improper service of notice and...more

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