Escrow & Title
In South Carolina, when should a seller disclose potential assessment liens for planned road improvements to the buyer?
AOnly after the sale closes
BBefore or at the time of contract execution, as material information that could affect the buyer's decision✓ Correct
COnly when the municipality formally approves the improvement
DOnly if the buyer asks about assessments
Explanation
Special assessments (for roads, sewers, etc.) that are pending or could be levied against a property are material facts that should be disclosed to buyers. They affect the buyer's cost of ownership and must be disclosed before the buyer makes their decision.
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