Escrow & Title
In South Carolina, a 'notice to seller's lien holders' before closing is required to:
AAlert lenders to the impending sale so payoffs can be obtained✓ Correct
BGive lien holders the opportunity to file new claims
CAllow SCREC to review the transaction
DNotify neighbors of the property sale
Explanation
Before closing, the closing attorney obtains payoff statements from all lien holders (mortgage lenders, judgment creditors) to ensure all liens can be satisfied at closing, resulting in clear title.
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