News & Analysis as of August 21, 2025

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Property Taxes are taxes levied against the owner of property located within a particular jurisdiction. Property taxes are often used to refer to taxes on real property. Property taxation schemes vary depending on the country or jurisdiction. However, a popular system involves a government assessment of the value of a property and a rate based on a proportion of the assessed value. A property may be subject to taxation by multiple taxing entities. less -

The Evaluator - Winter 2025: Nationwide Valuation Headlines

Vorys, Sater, Seymour and Pease LLP on 3/19/2025

Filmore Parc Apartments II v. Norman White, et al., Case No. 2024-CA-0475 (La. App. 4 Cir. 2/14/2025). Last month, a Louisiana appellate court determined that an apartment complex’s affordable housing units were not eligible...more

ATI Exemption for South Carolina Multi-Family Purchasers

Burr & Forman on 6/8/2023

South Carolina law provides for a property tax exemption in the year following a sale (the “ATI Exemption”) which should be contemplated in due diligence, property tax planning and a key post-closing task for multi-family...more

Rollback Taxes in South Carolina: Changes Effective January 1, 2021

Burr & Forman on 2/15/2021

The start of a new year frequently includes new or updated statutes, and South Carolina is no exception. 2021 brings an update to South Carolina rollback tax laws, with potentially significant implications for real estate...more

2020 Tax Planning: Consider Transfers of California Legacy Properties in Light of Proposition 19

Coblentz Patch Duffy & Bass on 9/4/2020

Proposition 19, which will be on California’s November 2020 ballot, dramatically changes the property tax rules exempting certain intra-family transfers and primary residence transactions for certain individuals such as those...more

Property Tax and Valuation Topics - Summer 2019

Pullman & Comley, LLC on 8/13/2019

Approximately 20% of Connecticut’s 169 municipalities usually conduct general revaluations every five years as required by law. Due to a quirk in the schedule, 2019 revaluations will be conducted by only 14 communities. While...more

Did You Forget to File Your ATI Exemption? You Can Still Lower Your Property Taxes

Burr & Forman on 2/20/2017

Property tax values in South Carolina are generally determined every five years through county-wide reassessments. Since property tax values are determined every five years (and subject to a 15% cap on increases under...more

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