Bill

Homeowner Contract Transparency and Fair Dispute Resolution Act

H5522Housing and Community DevelopmentFiled

Amend The South Carolina Code Of Laws By Enacting The "homeowner Contract Transparency And Fair Dispute Resolution Act" By Adding Article 3 To Chapter 50, Title 27 So As To Require Sellers In Residential Real Estate Transactions To Provide Certain Advance Disclosure Of Home Purchase Documents To Buyers Before Closing, Including Dispute Resolution Provisions And Legal Waivers, To Provide Remedies For Noncompliance, And To Impose An Affirmative Duty On Attorneys Who Conduct Closings.

Filed
In Committee
Passed Chamber
Final Approval