What is a key requirement for selling multiple handguns?

Selling multiple handguns in South Carolina is subject to specific regulations, particularly regarding the timing and the buyer. The key requirement stipulates that if an individual wishes to sell more than one handgun, these firearms must be transferred to the same buyer within a five-business-day period. This regulation is designed to monitor firearm transactions more closely and ensure responsible sales practices. By requiring that multiple firearms be sold to the same individual within a limited timeframe, the law aims to prevent the illegal trafficking of firearms and enhance public safety.

The other options do not accurately reflect the legal requirements for handgun sales. For instance, the need for handguns to be sold at the same price does not pertain to the legality of the sale, nor does it encourage fair market practices. Similarly, there is no stipulation that all handguns must be new, as the law allows for the sale of both new and used firearms. Finally, while selling firearms at a licensed auction is permissible, it is not a requirement for the sale of multiple handguns in general. Thus, focusing on the necessity for a singular buyer within a specific timeframe captures the essence of the law’s intent.