On March 18, 2020 the South Carolina Supreme Court issued an order suspending foreclosures and evictions until May 1. These suspensions were subsequently extended to May 15th by a Supreme Court Order dated April 30th. ...more
7/31/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Eviction ,
Financial Distress ,
Foreclosure ,
Landlords ,
Moratorium ,
Mortgages ,
Relief Measures ,
Rent ,
Rental Property ,
State and Local Government ,
Tenants
This article is to provide information on a little known tax exemption (“6% Exemption”) applicable to real property currently taxed at the 6% tax rate, a tax rate applicable to second homes, rentals and commercial...more
Governor Henry McMaster issued Executive Order No. 2020-08 on March 13, 2020, declaring a State of Emergency in South Carolina due to the 2019 Novel Coronavirus (“COVID-19”). ...more