Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Mobile Home Park Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

15
Posts
1
Votes
Chris Thigpen
  • Residential Real Estate Agent
  • Mount Pleasant, SC
1
Votes |
15
Posts

Source for SAFE ACT state specific exemptions

Chris Thigpen
  • Residential Real Estate Agent
  • Mount Pleasant, SC
Posted

Hi All,

Im an investor in South Carolina and I'm interested in determining my state's specific exemptions (if any) to the SAFE ACT.

I have tried googling every logical term I can think of (i.e. "safe act exemptions south carolina" etc...) with no particularly useful results. I have also spent considerable time researching various sites for an answer, including BP. I'm embarassed to say that I'm not even completely sure of which state office or agency here in SC would be responsible for enforcement.

I am keenly aware of all the controversy, misinterpretation, and lack of consensus when it comes to correctly interpreting the Safe Act, Dodd Frank, and state licensing laws as they pertain to the sale of mobile homes (or any homes) when offering seller financing.

Is there anyone here on the forums...maybe a fellow investor in South Carolina that could kindly advise me on where I can go to find out about any state specific exemptions to the SAFE ACT here in SC?

If not, maybe one of the more experienced members like John Fedro, Ken Rishel, Or Bill Gulley would be able to offer their advice?

Much appreciated!

Loading replies...