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Indicates Matter Stricken
Indicates New Matter
S. 47
STATUS INFORMATION
General Bill
Sponsors: Senator Verdin
Document Path: l:\s-res\dbv\003resi.kmm.dbv.docx
Introduced in the Senate on January 12, 2021
Currently residing in the Senate Committee on Judiciary
Summary: Residential property condition disclosure statements
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 12/9/2020 Senate Prefiled 12/9/2020 Senate Referred to Committee on Judiciary 1/12/2021 Senate Introduced and read first time (Senate Journal-page 113) 1/12/2021 Senate Referred to Committee on Judiciary (Senate Journal-page 113)
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VERSIONS OF THIS BILL
TO AMEND ARTICLE 1, CHAPTER 50, TITLE 27 OF THE 1976 CODE, RELATING TO RESIDENTIAL PROPERTY CONDITION DISCLOSURE STATEMENTS, TO REQUIRE WATER QUALITY TESTS FOR WELLS AS A CONDITION OF CLOSING A REAL ESTATE TRANSACTION.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 50, Title 27 of the 1976 Code is amended by adding:
"Section 27-50-45. (A) If an owner of real property has disclosed that the water supply to a dwelling on his real property is a well, then a real estate transaction involving the real property may not close until the owner furnishes to the purchaser the results of an EPA-approved bacteria water quality test conducted not more than thirty days prior to the closing date.
(B) The results of the EPA-approved bacteria water quality test present a valid reason to cancel, delay, or otherwise interfere with the closing of the real estate transaction by a party to the transaction."
SECTION 2. This act takes effect upon approval by the Governor.
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January 13, 2021 at 9:44 AM