Property Tax Lawyers in Hanahan

The law of Hanahan, South Carolina says that everybody who owns real property has to pay taxes on it. The term "real property" refers to land and buildings, as well as anything fixed to the land, like trees and natural resources.

Property taxes in Hanahan, South Carolina are determined as a percentage of the appraised value of the property. Property taxes are paid to the state or local government at regular (generally yearly) intervals.

Federal authorities do not gather a property tax. Only state and local governments gather property taxes, as a general matter.

How Property Tax is Calculated in Hanahan, South Carolina

Most often, property taxes in Hanahan, South Carolina are simply a set percentage of the property's value. Across the country, state authorities impose a wide range of various tax rates. The highest rates in the country are in the area of 5% of the property's value, and the lowest are less than 1%.

To collect the property tax, the authorities of Hanahan, South Carolina have to first decide the value of an individual piece of land.

In some ways, value is a subjective thing. For instance, the home in which you grew up is probably worth far more to you than its market value. To get around this, the government uses nothing but objective factors in deciding how much a piece of real property is worth.

Thus, the people in charge of appraising the value of property in Hanahan, South Carolina have to consider only objective, factual criteria when calculating the value of a piece of land. These criteria include the state of the real estate market, the zoning of the land (which determines how it can be utilized), and any improvements that have been made to the land, among other things.

How A Hanahan, South Carolina Property Tax Attorney Can Help.

Hanahan, South Carolina's property tax system is somewhat difficult. Legal disputes arising from property taxes can arise in a number of ways. For instance, the state might accuse a homeowner of failing to pay their property taxes, when they really have. Conversely, a homeowner might believe that the value of their property was appraised inaccurately, resulting in a higher tax bill.

If you are affected by one of these, or any other, property tax legal issues in Hanahan, South Carolina, you should deal with it correctly. If you fail to do so, a relatively minor issue can become much more costly and inconvenient than it might otherwise have been. Therefore, the assistance of a seasoned tax attorney in Hanahan, South Carolina is highly useful in avoiding these issues in the first place, or handling them if they do arise.