South Carolina Homestead Exemption Property

The South Carolina Homestead Exemption Act established a maximum amount of $5,000 in value for an exempt primary residence. Further, pursuant to the mandate of the state legislature, South Carolina homestead exemption laws prevent state residents from claiming the $18,500 exemption under the federal provision for homestead value provided by the Code.

Although not required, the South Carolina homestead exemption form may be filed for record within county deed records to designate specific tracts claimed. Additional property that falls under prevue of the state statute includes, buildings, fences, attached improvements, wells, and other equipment that is permanently affixed to land.