South Carolina HOA Laws: What You Should Know

If you are a part of a homeowners association (HOA) in South Carolina, it is important to be aware of the relevant laws that apply to your organization. HOAs must adhere to both federal laws and the state’s specific laws governing HOAs. In South Carolina, these laws can be found in Title 27 – Property and Conveyances of the South Carolina Code of Laws. This blog post will provide an overview of a few recent changes to a some of the more important South Carolina HOA laws that you should know about!

Homeowners Notice When Dues Increase

Homeowner associations have a duty to provide their members with 48 hours’ worth of warning before any meetings aimed at increasing fees. If you reside in South Carolina under the Nonprofit Corporation Act, your HOA must also give homeowners access to inspect the HOAs annual budget so they can inspect how much money from property taxes goes toward salaries or other operating costs.

Obtainable Governing Documents

The new laws are designed to make sure that you have all the information necessary, so there’s no more guessing. The Carolina Homeowners Association Act requires governing documents for a homeowner’s association must be recorded in the public records of the county where the property is located and accessible through posting them on prominent areas or sending emails out periodically with links attached which can also provide additional info about how things work at your community–including payments due!

Increased Oversight and a Place to Formally File Complaints

The Department of Consumer Affairs will now have more oversight under the new HOA law. A place for homeowners to formally file complaints with their local branch, if they are not satisfied by how well an association is working or any other issue related in some way shape manner!  Although the Department can not act on these complaints, they will compile a report of all complaints in the previous year by January 31st of each year. This information will be used to determine other HOA laws that are necessary.

Disclosure of a HOA

The presence of an HOA is just one more thing that potential buyers need to be made aware of. Future homeowners should know if their community has a homeowners’ association before they buy property in a HOA so there aren’t any surprises once moving day arrives! Now a home seller must disclose the presence of the HOA within the community.

Hire a Professional Property Manager

Is your communities’ Home Owners Association keeping up with frequently changing HOA laws? Hiring a professional property management company in the Carolina’s is not just about the access to knowledge and experience, it also offers peace of mind. Board members can be confident that they are making sound business decisions with their limited time because experienced professionals will guide them through every step in finding what’s best for their community.