Recent Answers to South Carolina Law Questions
Can someone review a sales contract for my mom.
Business Contracts
Contract For Sale And Purchase
South Carolina
My mom is selling her home as is, and needs someone to review the contract before she signs it.
Brad T.
Yes. I can review this contract for you for a fixed flat fee. I will need to view the contract to provide you the flat fee price. I look forward to the opportunity to assist with your legal needs. Thanks!
I would like to have a phone call conversation with the lawyer
Property Damage
Property Transfer Agreement
South Carolina
The storage facility sold my storage unit without proper notification me about the auction.
Jane C.
You can find a South Carolina licensed attorney to assist you with this matter.
I would like to use my family trust as a business. How do I structure the trust or change terms to use it for business?
Business
Trust Agreement
South Carolina
I have my home in a trust to pass on to my children. However I would like to use as a rental to help generate additional income.
Christopher B.
You can structure the trust in several ways. It depends on exactly what your goals are, if you are looking for asset protection or another goal, tax goals, etc. Would need to speak with you to get some more information to help advise you on the best route to take to achieve your goals.
I sold my house but was never paid
Contracts
Contract Agreement
South Carolina
To avoid foreclosure, I spoke with a contractor to flip my house for me. He would pay my mortgage until it sold then pay it off and keep the profit. I walk away with the mortgage company paid, but I was fouled. He isn't paying the mortgage after I signed the contract. I'm concerned he will be able to sell it now himself without the mortgage company ever being paid.
Christopher B.
There are many issues involved in this question. I would need to see the original deed and mortgage on your house plus the contract you signed with the contractor. The original mortgage almost certainly had an acceleration clause stating that if you sold the property, then the full mortgage becomes due. Going after the contractor might be possible but other avenues would more likely be the better route to keep your house from being foreclosed. Will also need to see if your contract gives ownership to the contractor or just the right to sell on your behalf. Lots of additional questions that need documents to give you your options.