SC H3847

Reserves to the South Carolina General Assembly the exclusive authority to regulate co-owned homes, including rules on use, disposition, sale, prohibitions, restrictions, fees, and taxation

Defines "co-owned home" as a residential dwelling within a municipality jointly owned by any combination of individuals or entities for the owners' use and enjoyment

Preempts and supersedes any municipal ordinances that attempt to regulate co-owned homes, but does not limit county authority over such properties

Municipalities may still regulate rental of co-owned homes, provided the ordinance does not restrict owner use or unpaid guest stays

Municipalities retain authority to enforce land use regulations if applied equally to all residential dwellings and not treating co-owned homes as commercial use