Condominium and Cooperative Law in South Carolina

Co-ops and condo communities are forms of "common interest communities."

They are communities where each individual or family resident rents or owns an unit which is part of a larger building, containing other, similar, residential units. The residents are accountable responsible for the maintenance of the common areas of their living areas, such as gardens, walkways, lawns, and swimming pools. They normally meet this responsibility by paying a monthly fee to support this maintenance.

Merely viewing one of these communities from the outside (or inside) will not let you discern whether it's a cooperative or condominium community.

The major difference is that, in condominium communities, the units are purchased and owned by their residents, and they also collectively own the common areas of the development. In a cooperative community, the land and buildings in which the housing units are owned by a single corporation or association. The individual units are rented by the inhabitants, not purchased.

Laws and Regulations Concerning Common Interest Communities in Hanahan, South Carolina

There are numerous laws in Hanahan, South Carolina that might be applicable to common interest communities. But most of these laws are not unique to common-interest communities. Rather, they usually concern zoning, land use, and contract law, which are applicable to most other types of real estate, as well.

Your day-to-day life in a common interest community will likelyy be impacted more by the rules set by the owner or manager of the property, rather than any local or state laws.

The owner or manager of the property on which your unit sits will likely have a considerable number of regulations concerning what can be done in and around the housing units. These rules will likely concern cleanliness, noise, and policies governing the presence of pets and long-term guests.

Some of these rules, however, may not be enforceable, if push came to shove. This would depend on the particular laws of Hanahan, South Carolina which control landlords and tenants.

Can a Hanahan, South Carolina Attorney Help?

If you are in a dispute with your homeowners' association, a neighbor, or your landlord in Hanahan, South Carolina, a seasoned real estate lawyer may prove extremely helpful, if the dispute cannot be otherwise resolved.