Records of receipts and expenditures
- Statute:
- South Carolina §27-31-180 · Chapter HPA (Horizontal Property Act (S.C. Code §§ 27-31-10 to 27-31-440))
- Topic:
- Records & Disclosure · Books
- Applies to:
- Condo associations
The administrator or board must keep a chronological book of receipts and expenditures, including common-element maintenance. The book and the vouchers behind the entries must be available to all co-owners at convenient hours on working days that are set and announced.
📄 Read the official text at scstatehouse.gov →
How SoShiny helps with Records of receipts and expenditures
SoShiny gives every owner instant, permissioned access to the official records this statute requires — searchable, audit-logged, and exportable for state inspections. The records survive every board turnover because they live in one place, not in someone's inbox.
See the feature → Start freeFrequently asked
- What does South Carolina §27-31-180 require?
- The administrator or board must keep a chronological book of receipts and expenditures, including common-element maintenance. The book and the vouchers behind the entries must be available to all co-owners at convenient hours on working days that are set and announced.
- Who does South Carolina §27-31-180 apply to?
- South Carolina §27-31-180 applies to Condo associations in South Carolina.
- What happens if our condo doesn't comply with §27-31-180?
- Non-compliance can expose the association and individual directors to disputes in the governing forum for South Carolina community associations. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance.
- Where can I read the official text of South Carolina §27-31-180?
- The official text is published by the South Carolina General Assembly at scstatehouse.gov. The summary on this page is for plain-English reference only and is not legal advice.
- How does SoShiny help with Records of receipts and expenditures?
- SoShiny gives every owner instant, permissioned access to the official records this statute requires — searchable, audit-logged, and exportable for state inspections. The records survive every board turnover because they live in one place, not in someone's inbox. Learn more →
Not legal advice. This page is a plain-English summary of South Carolina §27-31-180 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a South Carolina-licensed attorney. For the official statutory text, see the link above.
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