Bill Text: SC S0118 | 2023-2024 | 125th General Assembly | Introduced

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Bill Title: HOA Charges

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced) 2023-01-10 - Referred to Committee on Judiciary [S0118 Detail]

Download: South_Carolina-2023-S0118-Introduced.html

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South Carolina General Assembly
125th Session, 2023-2024

Bill 118

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Indicates Matter Stricken
Indicates New Matter

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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A bill

to amend the South Carolina Code of Laws by adding Section 27-30-145 so as to REQUIRE A HOMEOWNERS ASSOCIATION TO PROVIDE A STATEMENT OF UNPAID ASSESSMENTS AND OTHER CHARGES AGAINST A UNIT TO A UNIT OWNER UPON REQUEST.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1.Article 1, Chapter 30, Title 27 of the S.C. Code is amended by adding:

Section 2730145.   (A) The association must furnish a unit owner or his authorized agent a statement setting forth the amount of unpaid assessments or other charges against a unit upon written request. The statement must be furnished within ten business days of receipt and is binding on the association.

   (B) The association may impose reasonable charges in connection with the preparation and distribution of the statements of unpaid assessments and charges not to exceed one hundred dollars per request and an optional fee to expedite the process not to exceed seventyfive dollars if the request is made within fortyeight hours of closing on a unit. These additional charges may be collected by the association, its managers, or its agents.

SECTION 2.   This act takes effect upon approval by the Governor.

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This web page was last updated on December 07, 2022 at 02:31 PM