Question:
1. Is it legal for a Developer to include homeowners and renters in the same HOA?
2. What percentage (%) of homes sold before developer transfers BOD to Homeowners?
– Gladys
Answer:
Hi Gladys,
1. It is typically legal to include renters within the HOA as long as there are no rental restrictions that might prevent them from doing so. Kindly review the governing documents to verify whether there are.
2. The South Carolina Homeowners Association Act seems silent on the percentage of homes required for turnover. Kindly review the governing documents to verify when the developer must turn over the board to the homeowners.
Disclaimer: We are not lawyers. The information provided on this website does not constitute legal advice.
