South Carolina Statutes
§ 27-31-200 — Unpaid assessments; payment upon sale.
Upon the sale or conveyance of an apartment, all unpaid assessments against a co-owner for his pro rata share in the expenses to which SECTION 27-31-190 refers shall first be paid out of the sales price or by the acquirer in preference over any other assessments or charges of whatever nature except the following:
(a)Assessments, liens and charges for taxes past due and unpaid on the apartment; and (b) Payments due under mortgage instruments or encumbrances duly recorded.
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South Carolina § 27-31-200 (Unpaid assessments; payment upon sale.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 57-513; 1962 (52) 1866; 1967 (55) 449.
Nearby Sections
15
§ 27-31-10
Short title.§ 27-31-100
Master deed or lease; contents.§ 27-31-110
Plot plan and building plan.§ 27-31-150
Administration of property; bylaws.§ 27-31-180
Records of receipts and expenditures.§ 27-31-190
Expenses shall be shared.§ 27-31-20
Definitions.§ 27-31-200
Unpaid assessments; payment upon sale.§ 27-31-210
Lien for unpaid assessments; right of mortgagee or purchaser acquiring title at foreclosure sale.§ 27-31-220
Liability of purchaser of apartment.