What is the difference between a foreclosure and a real estate dispute?

A foreclosure and a real estate dispute are both legal proceedings related to real estate. However, they are distinct from each other and serve different purposes. A foreclosure is a legal process where a lender attempts to recover the balance of a loan when a borrower has failed to make payments on their mortgage loan. The lender will take ownership of the property in order to recover the unpaid debt. This is different than a real estate dispute, which is a disagreement between two or more parties related to a real estate transaction. This can include issues relating to ownership of property, boundary disputes, lease agreements, or any other legal issues related to real estate. In South Carolina, foreclosures are handled in the court of common pleas. This is a court of limited jurisdiction with jurisdiction over certain types of civil cases that relate to real property or involve land title. On the other hand, real estate disputes are handled in a circuit court. These courts have jurisdiction over nearly all civil cases, including real estate disputes. Foreclosures and real estate disputes are different legal processes. Foreclosures are a way for lenders to recover unpaid debt, while real estate disputes are disagreements between two or more parties related to a real estate transaction. In South Carolina, foreclosures are handled in the court of common pleas and real estate disputes are handled in the circuit courts.

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