South Carolina Senate Bill 1218 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Democrat 1)
Status: Introduced on April 10 2014 - 25% progression, died in committee
Action: 2014-04-10 - Referred to Committee on Banking and Insurance
Pending: Senate Banking and Insurance Committee
Text: Latest bill text (Introduced) [HTML]

Prohibit Deficiency Judgments Against A Unit Or Property Owner In A Horizontal Property Regime Or Planned Unit Development If The Homeowners' Association Or Similar Entity Takes Title To The Unit Or Property By Way Of A Master's Deed Due To The Failure Of The Owner To Pay Required Regime Fees Or Dues And If The Homeowners' Association Or Other Entity, After Taking And Keeping Title, Fails To Service The Debt On The Unit Or Property, Thereby Subjecting It To Another Foreclosure Action, And To Provide For Other Procedural Provisions Pertaining To The Above Including A Limitation On Attorney Fees Where The Unit Or Property Is Subject To Foreclosure By The Homeowners' Association Or Other Entity For Nonpayment Of Dues Or Regime Fees.

Deficiency judgments

Sen. John Scott [D]

Date	Chamber	Action
2014-04-10	Senate	Referred to Committee on Banking and Insurance
2014-04-10	Senate	Introduced and read first time

Chapter	Article	Section	Citation Type	Statute Text
29	3	665	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=1218&session=120&summary=B
Text	https://www.scstatehouse.gov/sess120_2013-2014/prever/1218_20140410.htm