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South Carolina Auction Laws

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An Auctioneer’s Announcement of the Terms and Conditions Upon Which Bidders or Offers Will be Received are Generally Considered to Supersede all Others and to bind the Purchaser Even if the Purchaser did not hear or Understand the Announcement

The Supreme Court of South Carolina in Hamrick v. Summey, 282 S.C. 424 (S.C. 1984) held that all bidders in an auction sale are bound by the terms and conditions that an auctioneer announces. Appellants debtors sought re...

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License, Occupation, or Professional Tax Limitation

South Carolina Statutes Title 6. Local Government - Provisions Applicable to Special Purpose Districts and Other Political Subdivisions Chapter 1. GENERAL PROVISIONS Article 3. AUTHORITY OF LOCAL GOVERNMENTS TO ASSESS TA...

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Reserve and without Reserve Auctions

South Carolina Statutes Title 36. Commercial Code Chapter 2. COMMERCIAL CODE-SALES Part 3. GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT Current through 2013 Act No. 120 § 36-2-328. Sale by auction (1) In a sale by auc...

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Sale of Fine Prints by Professional Auctioneer

South Carolina Statutes Title 39. Trade and Commerce Chapter 16. SALE OF FINE PRINTS; DISCLOSURE REQUIREMENTS Current through 2013 Act No. 120 § 39-16-10. Definitions As used in this chapter: (a) "Artist" means any perso...

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When Sale of Auction Lot Final

South Carolina Statutes Title 36. Commercial Code Chapter 2. COMMERCIAL CODE-SALES Part 3. GENERAL OBLIGATION AND CONSTRUCTION OF CONTRACT Current through 2013 Act No. 120 § 36-2-328. Sale by auction (1) In a sale by auc...

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