Can My South Carolina HOA or Condominium Charge a Transfer Fee?

I often receive questions from managers and board members about fees that homeowners associations and condos can and can’t charge to homeowners and to prospective purchasers in their communities. One of the most common questions goes something like this:  “Our covenants say that we can charge a capital contribution fee / transfer fee / some other similar fee at each closing. Can we charge this fee?”    Read the article………….


Related Articles

What HOAs Should Really Know About Aging Residents

Every HOA community faces challenges with aging-in-place residents. The “Baby Boomer” generation is, on average, 65 years old and would

Beware of indemnification clauses!

It is very important that associations be careful of indemnification clauses because by signing a contract with such language, the

Fire Planning Tips for Seniors

A home fire is a terrifying moment for anyone, including seniors. If you are an older individual with limited mobility