Local Association Management Firm Placed in Receivership; Several Villa Regimes Affected

Multiple news sources have reported that local association management firm Marshland Communities has been placed in receivership after nearly four dozen homeowners’ groups filed suit in Charleston County Circuit Court, alleging misappropriation of funds.

Several villa regimes on the Island have current contractual arrangements with Marshland. These include: Courtside II, Dunecrest, Golf Shores, Hidden Oaks, Marsh Pointe, Ocean Winds, Sealoft, Shadowwood and Treeloft.

Stories are linked below. Governing boards for these regimes may have additional details.

ABC News 4
Charleston Post & Courier

—Tidelines Editors

 

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