# S.C. Code Ann. § 12-59-40: SECTION 12-59-40. Sale of forfeited lands; method and terms of sale

> South Carolina · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-40

## Section

- **Citation:** S.C. Code Ann. § 12-59-40
- **Heading:** SECTION 12-59-40. Sale of forfeited lands; method and terms of sale
- **Jurisdiction:** South Carolina
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** SC Code / Title 12 / Chapter 59 / Article 1 / Section 12-59-40

## Text

The forfeited land commissions created in this article for each of the counties of the State shall effect the sale of lands forfeited and bid in for the various forfeited land commissions of the State by the county auditors or the tax collectors of the several counties of the State in pursuance of Section 12-51-55. All lands deeded to the forfeited land commission of any county shall be held by it as assets of the county and sold to the best interest of the county. It shall sell and dispose of such lands in such a manner and upon such terms and conditions as to it may appear to be for the best interest of its county, but the terms of sale shall not in any case provide for a longer term than ten years for the full payment of the purchase price of such property and shall be secured by a first real estate mortgage upon the property sold. Code Commissioner's Note At the direction of the Code Commissioner, the reference to SECTION 12-49-510 was changed to SECTION 12-51-55. Effect of Amendment 2015 Act No. 87, SECTION 59, inserted "or the tax collectors" in the first sentence, and twice substituted "the county" for "the county and State" in the second sentence.

## Nearby sections

- [S.C. Code Ann. § 12-59-10 SECTION 12-59-10. Creation and membership of county forfeited land commissions.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-10.md)
- [S.C. Code Ann. § 12-59-20 SECTION 12-59-20. Organization of Commission; compensation of secretary; quorum.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-20.md)
- [S.C. Code Ann. § 12-59-40 SECTION 12-59-40. Sale of forfeited lands; method and terms of sale.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-40.md)
- [S.C. Code Ann. § 12-59-50 SECTION 12-59-50. Sale by former owner of forfeited lands; application to commission for approval of sale.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-50.md)
- [S.C. Code Ann. § 12-59-60 SECTION 12-59-60. Sale by former owner of forfeited land; old tax shall be paid on sale of whole tract; seventy-five per cent on sale of part.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-60.md)
- [S.C. Code Ann. § 12-59-70 SECTION 12-59-70. Sale by former owner of forfeited land; commission may convey such property.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-70.md)
- [S.C. Code Ann. § 12-59-80 SECTION 12-59-80. Commission may assign its bids.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-80.md)
- [S.C. Code Ann. § 12-59-85 SECTION 12-59-85. Forfeited land commission.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-85.md)
- [S.C. Code Ann. § 12-59-90 SECTION 12-59-90. Execution of deeds and validation of certain deeds.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-90.md)
- [S.C. Code Ann. § 12-59-100 SECTION 12-59-100. Deposit of funds from sale of forfeited land commission.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-100.md)
- [S.C. Code Ann. § 12-59-120 SECTION 12-59-120. Commission shall have access to tax records.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-120.md)
- [S.C. Code Ann. § 12-59-130 SECTION 12-59-130. Municipal forfeited land commissions.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-130.md)
- [S.C. Code Ann. § 12-59-140 SECTION 12-59-140. Emergency procedures for county forfeited land commission.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-140.md)
- [S.C. Code Ann. § 12-59-150 SECTION 12-59-150. Certain purchasers prohibited from buying forfeited land.](https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-150.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_SC_T12_C59_A1_S12-59-40. Check the current official text before relying on it. Not legal advice.