Industry Updates | December 16, 2019

South Carolina introduces a bill that may take away the right for an HOA to foreclose!

South Carolina is introducing a bill that may take away the HOA ability to foreclose on home. Many assume it is the HOA Manageent Company that has the authroity to foreclose, however; it is the Corporation which is the HOA that has the ability to foreclose on a condo, townhome, singlefamily home, etc. The inability to foreclose may cause non-payment…