Surplus funds in South Carolina: the rules, straight.
We recover foreclosure surplus, tax sale overages, and vehicle/boat/RV repossession surplus here.
Foreclosure / mortgage surplus
Yes — we recover this here.
Master-in-equity; claim within the 45-day window or surplus defaults to the mortgagor (Rule 71(c) SCRCP).
No cap found.
Tax sale overages
Yes — we recover this here.
County delinquent tax collector; administrative claim off published overage lists.
No cap found.
Courtroom requirement: Standard claims here are administrative — no attorney legally required for a routine filing.
If nobody claims it: Tax overage: 5 yrs → county (§ 12-51-130).
Cars, boats & RVs in South Carolina: Vehicle/boat/RV repo surplus: UCC § 9-615(d) obliges the LENDER to return the surplus; § 9-616 explanation on request; § 9-625(c)(2) statutory damages for noncompliance. Demand-letter work against the secured party — no county, no state surplus-fee cap in this table.
This page summarizes public statutes for general information — it is not legal advice, rules change, and unverified items are confirmed by our desk (and counsel where needed) before any agreement is papered. Primary source: https://www.scstatehouse.gov/code/t27c018.php · https://law.justia.com/codes/south-carolina/title-27/chapter-18/section-27-18-360/
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