Incorporation of co-owners
- Statute:
- South Carolina §27-31-90 · Chapter HPA (Horizontal Property Act (S.C. Code §§ 27-31-10 to 27-31-440))
- Topic:
- Governance · Incorporation
- Applies to:
- Condo associations
The council of co-owners may incorporate under South Carolina law to administer the regime. If it does, each owner's stock percentage equals that owner's share of the common elements.
📄 Read the official text at scstatehouse.gov →
How SoShiny helps with Incorporation of co-owners
SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees.
See the feature → Start freeFrequently asked
- What does South Carolina §27-31-90 require?
- The council of co-owners may incorporate under South Carolina law to administer the regime. If it does, each owner's stock percentage equals that owner's share of the common elements.
- Who does South Carolina §27-31-90 apply to?
- South Carolina §27-31-90 applies to Condo associations in South Carolina.
- What happens if our condo doesn't comply with §27-31-90?
- 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 §27-31-90?
- 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 Incorporation of co-owners?
- SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees. Learn more →
Not legal advice. This page is a plain-English summary of South Carolina §27-31-90 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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