Orangeburg County Legal Residence Application Form
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People also ask
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How do I get a 4% property tax in South Carolina?
To qualify for the special 4% property tax assessment ratio, the owner of the property must have actually owned and occupied the residence as his legal residence and been occupying that address for some period during the applicable tax year. Only an owner-occupant is eligible to apply for the 4% special assessment.
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How to apply for Homestead Exemption in South Carolina?
You must apply for the Homestead Exemption at your County Auditor's office. If you are unable to go to the Auditor's office, you may authorize someone to apply for you. Contact the County Auditor's Office for details.
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What constitutes a legal residence in South Carolina?
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. It shall be the place where he intends to remain permanently for an indefinite time even though he may temporarily be living at another location.
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Do retirees pay property taxes in South Carolina?
However, retirees who are legal residents of South Carolina for one preceding tax year qualify for a property tax exemption known as the Homestead Tax Exemption. This tax exemption is available to South Carolina property owners over the age of 65.
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What is the 4 legal residence exemption in SC?
Legal Residence refers to the special 4% assessment ratio for owner occupied homes. This results in a tax savings of one-third of the tax bill compared to the 6% ratio if application for the special assessment is not made.
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What is the S.C. tax relief legal residence discount?
Property owners can apply for the SC Tax Relief/Legal Residence Discount for their one legal residence in the state of South Carolina. This means that the qualifying property's market value would be assessed at a ratio of 4% rather than 6% to obtain the property's assessment (assessed value) for tax purposes.
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What is the Homestead Exemption in Orangeburg County SC?
HOMESTEAD EXEMPTION The Homestead Exemption is a complete exemption of taxes on the first $50,000 in Fair Market Value of your Legal Residence for homeowners over age 65, totally and permanently disabled, or legally blind. Contact your county auditor's office for more information.
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Do you have to pay property taxes in South Carolina if you are disabled?
In 1972, the S.C. General Assembly passed the Homestead Exemption Law which provides real estate property tax relief for South Carolinians who are age 65 and over, totally and permanently disabled, or legally blind. The exemption excludes the first $50,000 from the fair market value of your legal residence.
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