2015 South Carolina Code of Laws
Title 27 - Property and Conveyances
CHAPTER 31 - HORIZONTAL PROPERTY ACT
Section 27-31-410. "Conversion of rental units to condominium ownership" defined.
As used in this chapter, "conversion of rental units to condominium ownership" means the establishment of a horizontal property regime encompassing a preexisting building which, at anytime prior to the recording of the master deed or master lease, was wholly or partially occupied by persons as their residence on a permanent or at least a continuing basis other than persons who, at the time of such recording, had contractual rights to acquire condominium ownership within the building.
HISTORY: 1983 Act No. 37, Section 2.
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