South Carolina Homestead Exemption Act

South Carolina Homestead Exemption Act

General Information:
In 1972, the General Assembly passed the Homestead Exemption Law which provided property tax relief for South Carolinians age sixty-five (65) or older, the blind, and the disabled.
 
What is the benefit:
The program exempts the first $50,000 of the value of your home from all property taxes.
 
Example
Value of Home
Multiplied
by 4% ratio
Multiplied by
Millage Rate
Total Taxes Due
NO Credit
$62,500
0.04
0.285
$712.50
 
 
 
 
 
 
 
 
Example
Value of Home
Less Credit
"New" Value
of Home
Multiplied
 by 4%
Multiplied by Millage Rate
Total Taxes Due
With the
Credit
$62,500
($50,000)
$12,500
0.04
0.285
$142.50
 
 
 Do I Qualify?
  • I hold complete fee simple title or life estate to my primary residence.
  • As of December 31, preceding the tax year of exemption, I was a legal resident of SC for one year.
  • As of December 31, preceding the tax year of the exemption, I
    • Was sixty-five (65) years of age, OR
    • Was declared totally and permanently disabled by a state or federal agency having the authority to make such a declaration, OR
    • Was legally blind as certified by a licensed ophthalmologist.
 What documents are needed?
  • Proof of your eligibility is required:
    • If you are applying due to age, bring your birth certification, Medicaid card, Medicare card, or driver’s license.
    • If you are applying due to disability, you will need to present documentation from the state or federal agency certifying the disability.
    • If you are applying due to blindness, you will need to present documentation from a licensed ophthalmologist.
 Where do I apply?
You may apply for the Homestead Exemption at the office of Real Property Service, Suite 1000, County Square, 301 University Ridge, Greenville, SC. If you are unable to go to the Real Property Services, an agent can make application for you. Contact: (864) 467-7300.
 
Do I need to re-apply annually?
No! Only in the case of the death of the eligible owner or if you move to a new home will re-application be necessary. However, any changes that may affect your eligibility must be reported. They are:
  • Change in disability status
  • Any change in ownership
  • Rental of your home
  • Remarriage of the surviving spouse
 If you have further questions please feel free to contact Dave Edwards - Greenville, SC REALTOR and consultant- at dave@daveedwardsrealty.com or (864) 275-7250 or your local property tax office.
 
This information has been provided by the Greenville County Government website and is deemed accurate as of 5/1/11. The Homestead Exemption program is administered by The Office of Comptroller General.

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