The defaulting taxpayer, any grantee from the owner or any mortgage or judgment creditor may within 18 months from the date of the delinquent tax sale redeem each item of real estate by paying to the person officially charged with the collection of delinquent taxes, taxes, penalties and costs, together with 8% interest on the whole amount of the delinquent tax sale bid if redeemed in the first year after the sale, plus an additional 4% interest on the whole amount of delinquent tax sale bid if redeemed in the second year after the sale.
(‘77 Code, § 8-48) (Ord. 107, passed 3-15-82)
Statutory reference:
Similar provisions, S.C. Code § 12-51-90