The bill H. 5322 aims to amend Section 12-51-90 of the South Carolina Code of Laws, which pertains to the redemption of real property and the assignment of a purchaser's interest following a delinquent tax sale. The key change introduced by this bill is the expansion of the ability to pay delinquent taxes, allowing not only the defaulting taxpayer but also any other individual or entity, including grantees from the owner or mortgage/judgment creditors, to redeem real estate within twelve months of the delinquent tax sale.

Additionally, the bill stipulates that if the purchaser assigns their interest in the property before the redemption period ends, the grantee must provide a notarized conveyance to the official responsible for collecting delinquent taxes. This ensures that the grantee's name and address are updated in the delinquent tax sale book, replacing that of the original successful bidder. The bill will take effect upon approval by the Governor.

Statutes affected:
03/04/2026: 12-51-90
Latest Version: 12-51-90