South Carolina Enacts an HOA law
After a decade of ignoring HOA issues, the South Carolina General Assembly has approved an HOA bill, and Governor Henry McMaster quietly signed the bill into law on May 19.
Read CTB's announcement covering the new law.
Among its provisions, the new law gives far greater visibility to HOA complaints. Change The Board also hopes the new bill will give lawmakers a framework on which to attach other much-needed HOA provisions in the future.
Below is a summary of major provisions of the new HOA law, labeled at present H.3886 (Act 245):
Bill 3886 may fall far short of what homeowners need, but it does signal that the state recognizes that some of its estimated 1.2 million homeowners living in planned communities are displeased, even angry, with their state’s estimated 6,000-plus HOAs.
The law distinguishes between existing HOAs incorporated in accordance with the South Carolina Nonprofit Corporation Act and HOAs that will be established in the future. Therefore, the old law and the new might best be read together.
Read the full text of H.3886 (Act 245).
Read the South Carolina Nonprofit Corporation Act.
South Carolina offers few real protections to homeowners.
Learn why we need a stronger law.
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