Assessment Notices:
Assessment notice in the mail, and value seems excessive?
Notices are mailed every five years during reassessment years.
Notices are mailed when a property sells.
Notices are mailed any time the assessor changes the value due to an ATI.
You have 90 days to appeal the value stated on your assessment notice.
No assessment notice in the mail, but assessed value and/or property taxes seem to be excessive?
Assessments can be appealed any time during the tax year which is January 15th to January 15th of the following year, when no assessment notice has been mailed.
Change in value due to physical changes? Damage due to flood, fire, termites, mold, settlement and so forth.
Change in value due change in rental income, vacancy, or on-going expenses? Change in value due to external changes like losing a major employer in the area.
Allow a qualified expert review your assessment, at no cost to you. All inquiries are strictly confidential.
Assessable Transfer of Interest (ATI)
ATI law SC 12-37-3150
An ATI is an event that triggers a reassessment of a property. Events that trigger an ATI include sale of the property, zoning change, children’s inheritance, a large addition or renovation as well as a lease that has a term in excess of 20 years. The ATI law is referenced here.