SOUTH CAROLINA – New S.C. bill could limit HOA power by eliminating foreclosures
WMBF NEWS: New S.C. bill could limit HOA power by eliminating foreclosures
By Samantha Kummerer
November 25, 2019
COLUMBIA, S.C. (WMBF) – A bill pre-filed this month would prohibit homeowners associations in South Carolina from foreclosing on homes.
HOAs currently have the power to foreclose on a property if fees and fines go unpaid.
If passed, the bill filed by South Carolina representative Todd Rutherford, D-Richland, would strip the associations from this power.
“Real property used as a primary residence may not be sold if the action was instituted by a homeowners association attempting to collect unpaid dues, fee, or fines,” part of the proposed bill stated.
Residents in the Ashford Estate Homeowner Association said they support this law.
“If you take the foreclosure aspect out of the HOA you’re going to alleviate a lot of problems in the state of South Carolina,” said James Hatton.
In November 2017, more than 50 liens were placed on homes in Ashford Estates. Read more:
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