South Carolina CAM Reconciliation Compliance Guide for Landlords
Statutory requirements, tenant audit rights, and landlord obligations for commercial CAM reconciliation in South Carolina.
Primary Statute
S.C. Code § 27-40-10 et seq. (Residential Landlord and Tenant Act); commercial governed by general contract law
Key Takeaway for Landlords
South Carolina's 6% commercial assessment ratio and 15% reassessment cap result in very low and predictable property tax CAM components. This landlord-friendly environment means lease terms are the primary compliance framework.
Reconciliation Timing Requirements
No statutory deadline for commercial CAM reconciliation.
Tenant Audit Rights
No statutory commercial tenant audit rights.
Required Disclosures
No statutory commercial CAM disclosure requirements.
Penalty Provisions
No CAM-specific penalties for commercial leases.
Regulatory Body
South Carolina Real Estate Commission
South Carolina CAM Context
South Carolina assesses commercial property at 6% of market value — one of the lowest assessment ratios in the US. Reassessment occurs every 5 years with a 15% cap on value increases. Charleston, Greenville, and Columbia are the primary commercial markets.
Related Resources
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