South Carolina Statutes
§ 27-31-40 — Apartments may be purchased, owned, and the like.
Once the property is submitted to the horizontal property regime, an apartment in the property may be individually conveyed and encumbered and may be the subject of ownership, possession or sale and of all types of juridic acts inter vivos or mortis causa, as if it were sole and entirely independent of the other apartments in the property of which it forms a part, and the corresponding individual titles and interests shall be recordable.
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South Carolina § 27-31-40 (Apartments may be purchased, owned, and the like.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 57-497; 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.