4 Legal Residence Exemption Application Sc
You may return the application and required documents to the Beaufort County Treasurer`s Office at the Beaufort, Bluffton or Hilton Head Island locations. The status of your application can be checked by visiting Beaufort County Property Records and searching for your property. Buying real estate and moving to South Carolina? You may be eligible for the 4% Special Legal Residency Assessment Ratio. And if you`ve been a South Carolina resident for at least a year, you may also qualify for the Homestead exemption. Active military personnel or veterans may also be eligible for tax relief. If South Carolina is your new permanent resident, you must apply for “Homestead” status, also known as the 4% Special Assessment Legal Residency Application, no later than January 15 of the year following the purchase of your home. If you do not submit this review on time or if you are not eligible for this review, you will pay with a 6% evaluation rate. Since 2014, legal residents can also rent their property for up to 72 days while being eligible for the 4% quota. Or, if you plan to live in your home and rent fewer than 6 bedrooms or ancillary apartments on your property, you are still eligible for the 4% quota. One hundred percent (100%) of the market value of an owner-occupied residential property that receives the 4% special assessment rate is also automatically exempt from all property taxes levied for school operations. The 4% app can be downloaded in .pdf format from the Beaufort County website in www.bcgov.net/departments/Real-Property-Services/assessor/forms.php. To qualify for this 4% lower rating, you must have changed your driver`s license and voter registration in your previous state and completed the South Carolina State Income Tax form by that date. Military personnel and veterans must present their official military identity card.
and may contact the Office of the Beaufort County Auditor at 843-255-2500 to request special assessments and exemptions. The Homestead Exemption Credit exempts all remaining taxes on the first value of $50,000 for all purposes except school operating taxes (which are already exempt as described above). To qualify for the family property exemption, you have a simple and complete right to your principal residence or estate at your principal residence, or you are the beneficiary of a trust that owns your principal residence. You must also be one of the following: ONLINE APPLICATION FOR EXEMPTION FROM LEGAL RESIDENCE (4%) Please note the additional registration requirements. BUILDER/DEVELOPER`S AFFIDAVIT FOR SINGLE-FAMILY HOME EXEMPTION Printable forms and descriptions are provided below in .pdf format. If you have any questions, please contact the office at (843) 255-2400 Fax (843) 255-9404 REQUEST FOR SPECIAL ASSESSMENT FOR HOME OWNERSHIP Please note the additional requirements listed. ONLINE APPEAL AGAINST PROPERTY VALUATION/APPRAISAL This form is provided to contradict the estimated value of your property. Please note the filing date requirements. EVALUABLE EXEMPTION FOR THE ADOPTION OF INTERESTS (POINT OF SALE) POWER OF ATTORNEY AND DECLARATION OF THE REPRESENTATIVE *** The signature of the owner must be notarized. Contact Southeast Discovery if you are considering moving to South Carolina.
We are happy to assist you in the research and answer your other questions about both categories of property tax. You can reach us at info@southeastdiscovery.com or by phone at 877.886.8388. If your mortgage is in escrow, once taxes are updated, send a copy of the corrected invoice to your mortgage company`s escrow department so they can update their records. Homestead exemptions can be filed with your county auditor`s office. Some common documents used as proof of eligibility include: a birth certificate or a South Carolina driver`s license when applying for age. They will need documents from the state or federal agency certifying the disability if they are disabled. If you have not been classified by one of the agencies, you can contact the State Agency for Vocational Rehabilitation. If you are applying because of blindness, you must provide documentation from a licensed ophthalmologist.