Establishes internal dispute resolution process for homeowners associations in South Carolina.

This bill amends the South Carolina Code to require homeowners associations to establish an internal dispute resolution process. This process must be fair, reasonable, and expeditious, and it must resolve disputes between the association and homeowners involving rights, duties, or liabilities under governing documents. The bill also mandates that homeowners associations provide notice of annual budget increases and meetings to homeowners at least 48 hours in advance. Additionally, it allows the magistrates court to adjudicate monetary disputes between homeowners and associations.

Establishes internal dispute resolution process for homeowners associations in South Carolina.

This bill amends the South Carolina Code to require homeowners associations to establish an internal dispute resolution process. This process must be fair, reasonable, and expeditious, and it must resolve disputes between the association and homeowners involving rights, duties, or liabilities under governing documents. The bill also mandates that homeowners associations provide notice of annual budget increases and meetings to homeowners at least 48 hours in advance. Additionally, it allows the magistrates court to adjudicate monetary disputes between homeowners and associations.