Heirs' Property Tax Relief Act exempts transfers among family members to clear title from property tax.

The Heirs' Property Tax Relief Act amends South Carolina law to exempt transfers made among related descendants who have legal claim to heirs' property to clear the title from property tax. This applies to transfers where both the grantor and grantee owned an interest in the property prior to the transfer. The act takes effect upon approval by the Governor and applies to property tax years beginning after 2024.

Heirs' Property Tax Relief Act exempts transfers among family members to clear title from property tax.

The Heirs' Property Tax Relief Act amends South Carolina law to exempt transfers made among related descendants who have legal claim to heirs' property to clear the title from property tax. This applies to transfers where both the grantor and grantee owned an interest in the property prior to the transfer. The act takes effect upon approval by the Governor and applies to property tax years beginning after 2024.