South Carolina Code of Regulations › Chapter 117 - DEPARTMENT OF REVENUE › Article 37 - PROPERTY TAX REGULATIONS › Section 117-1800.1 - Application for Special Assessment as Legal Residence

Current through Register Vol. 48, No. 6, June 28, 2024
1. Qualification Requirements. The property
			 must be occupied by the owner as his legal residence and the property and the
			 owners of the property must meet the requirements of Section
			 12-43-220(c)
			 of the South Carolina Code of Laws. The legal residence includes not more than
			 five acres contiguous to the actual residence owned totally or in part in fee,
			 or by life estate, but shall not include any portion which is not owned and
			 occupied for residential purposes. If the residential real property is held in
			 trust and the income beneficiary of the trust occupies the property as a
			 residence, then the four percent assessment ratio described in Code Section
			 12-43-220(c)
			  applies if the trustee certifies to the
			 assessor that the property is occupied by the income beneficiary of the
			 trust.
2. Definition of Legal
			 Residence. For property tax purposes the term "Legal Residence" shall mean the
			 permanent home or dwelling place owned by a person and occupied by the owner
			 thereof and where he or she is domiciled.
3. This application must be completed in full
			 and the owners of the property or the owners' agent must apply for the four
			 percent legal assessment ratio before the first penalty date (January 15) for
			 the payment of taxes for the tax year for which the owner first claims
			 eligibility for the four percent assessment ratio. The application must be
			 filed with the county assessor and must include, but is not limited to, the
			 following information:
A. Name(s)shown on
			 property tax record __________
B.
			 Owner's name and social security number. If more than one owner, list all
			 owners of the property with applicable social security numbers.
___________________________________
				___________________________________
___________________________________
				___________________________________
___________________________________
				___________________________________
C. Tax map sheet reference number __________
Location of the Property__________ Legal Description of the
				Property ___ ___ ___ ___ ___ __________
D. The date the applicant began to occupy the
			 property __________
E. Precinct in
			 which the applicant is registered to vote __________
F. Are there any other buildings including
			 apartments or land area rented on the property: Yes ( ) No ( )
If yes, describe __________
G. Is the property subject to vacation
			 rentals as provided in Title 27, Chapter 50, Article 2 of the South Carolina
			 Code of Laws for more than 90 days during the year?
Yes ( ) No ( )
H. The application must contain the following
			 statement:
"Under penalty of perjury, I certify that:
(A) the residence which is the subject of
			 this application is my legal residence and where I am domiciled at the time of
			 this application and that I do not claim to be a legal resident of a
			 jurisdiction other than South Carolina for any purpose; and
(B) that neither I nor any member of my
			 household is residing in, or occupying, any other residence which I or any
			 member of my immediate family has qualified for the special assessment ratio
			 allowed by this section."
For purposes of the statement, "a member of my household" means
				(1) the owner-occupant's spouse, except when that spouse is legally separated
				from the owner-occupant; and; (2) any child of the owner-occupant claimed, or
				eligible to be claimed, as a dependent on the owner-occupant's federal income
				tax return.
I.
			 Any other information that the county assessor determines is necessary to
			 establish the domicile of the taxpayer.
J. Owner or agents' signature __________ Date
			 __________ Ph. No. __________
Co-owner's or agent's signature __________ Date __________ Ph.
				No. __________
If agent signed for owner, give relationship and attach
				authorization that provides authority for agent to sign on behalf of
				owner__________
Mailing address: __________