The Commercial Real Property Tax Exemption form, listed as 25% Exemption for 6% ATI Conveyances Appication, is the Anderson County Assessor's Office application for a partial exemption of up to 25% after an Assessable Transfer of Interest (ATI). It is one of the Anderson County property tax forms, and it applies to property taxed at a 6% assessment whose value rose because of an ATI for tax years 2011 forward. On FillingPDF you can fill out the form online and download or print the completed PDF; the county publishes the original at the official URL, and the application goes to the Assessor's Office on or before January 30 of the year the exemption first applies.
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What is 25% Exemption for 6% ATI Conveyances Appication – Anderson County, SC?
The Commercial Real Property Tax Exemption form is the Anderson County Assessor's Office application for a partial exemption of up to 25% of the "ATI fair market value" created by an Assessable Transfer of Interest (ATI) on property taxed at the 6% assessment.
The form explains that South Carolina law allows this partial exemption. When it is granted, the property's taxable value is 75% of the ATI fair market value or the previous fair market value, whichever is higher. The Assessor's Office completes the shaded block at the bottom of the form, which shows the ATI fair market value, the 25% exemption, the exemption value, the current fair market value and the taxable value.
An ATI is a term defined by state law. The Assessor's Office page says that most transfers of real property are ATIs, with limited exceptions listed at S.C. Code Ann. §12-37-3150, and that property with an ATI is generally assessed at full fair market value in the tax year after the transfer, without the 15% cap on reassessment increases. This form is the owner's request to soften that increase when the property is taxed at 6%.
The form is issued by the Anderson County Assessor's Office in South Carolina. It is not an appeal of an assessment and it is not the application for the legal residence classification, which the county handles separately.
Who needs to file 25% Exemption for 6% ATI Conveyances Appication – Anderson County, SC?
Owners of real property in Anderson County, or their agents, who want the 25% exemption on a value increase caused by an ATI use this form. The form says the owner or an agent may apply.
The property must meet all of the conditions printed on the form:
- It is taxed at a 6% assessment for the year in which the exemption is granted.
- Its value increased because of an ATI for tax years 2011 forward.
- It was taxed at the 6% ratio before the transfer and continues to be taxed at 6% after it.
Property that does not meet these conditions does not qualify. The county's Assessor page lists the 6% ratio for commercial property and for any residential property that is not your legal domicile, and the 4% ratio for a legal residence, so a home carrying the 4% legal residence ratio is not described by the form's 6% condition.
By initialing the certification, the owner accepts that the exemption is removed if the property is ever reclassified to anything other than 6%. If the property later returns to 6%, the exemption cannot be claimed again unless there is another ATI.
When to file 25% Exemption for 6% ATI Conveyances Appication – Anderson County, SC
Apply on or before January 30 of the year in which the exemption is first applied; the form states that the exemption applies only if the owner or agent applies by that date. The Assessor's Office calendar lists the same deadline as January 30, for transfers that occurred in the prior year.
The timing follows the ATI. The Assessor's Office page explains that a transferred property is generally placed on the tax records at full fair market value in the year after the transfer, and it mails a Notice of Classification, Appraisal & Assessment of Real Estate when the value rose by more than $1000 because of the ATI. The form does not print a separate deadline for a late application or an extension, so call the Assessor's Office at 864.260.4028 if the date has passed.
How to fill out 25% Exemption for 6% ATI Conveyances Appication – Anderson County, SC
Confirm the eligibility conditions
Read the ELIGIBILITY section: the property must be taxed at 6% for the year of the exemption, have a value increase from an ATI for tax years 2011 forward, and be taxed at 6% both before and after the transfer.
Initial the certification
In CERTIFICATION and SIGNATURE, initial on the line marked (initial) to confirm you understand the exemption ends if the property is reclassified away from 6% and cannot be reclaimed without another ATI.
Enter the TMS number
Write the property's TMS number on the line that begins TMS, in the two-part format the form provides.
Enter classification and tax year
Fill in Present Classification and Tax Year, the year in which the exemption is first applied.
Print the owner name
Under OWNER INFORMATION (PRINT), write the owner name.
Enter both addresses
Write the mailing address and the property address, each with City, State, Zip, in the two columns provided.
Sign, date and add a phone number
The owner signs the line marked Signature of Owner, adds the date and a phone number. The form says the owner or an agent may apply.
Leave the office block blank
Do not write in the section marked FOR ASSESSORS OFFICE USE ONLY; the Assessor's Office enters the ATI fair market value, exemption, exemption value, current fair market value and taxable value.
Review and download the PDF
Check that the initial, TMS number, tax year and signature are complete, then download or print the completed PDF from FillingPDF and send it to the Assessor's Office by January 30 as described under How to submit.
How to submit 25% Exemption for 6% ATI Conveyances Appication – Anderson County, SC
Submit the signed application to the Anderson County Assessor's Office, whose details are printed on the form and on the county's Assessor page. The form itself names no specific submission channel, so confirm how the office accepts it before you send it.
- Mailing address: Anderson County Assessor's Office, P.O. Box 8002, Anderson, SC 29622.
- Office address: 401 East River Street, Anderson, SC 29624. Hours are Monday through Friday, 8:30 a.m. to 5:00 p.m.
- Phone and email: 864.260.4028 or [email protected].
The application must reach the office on or before January 30. Make sure the owner has signed and dated it and initialed the certification, and that the TMS number, present classification and tax year are filled in. The form lists no attachments. Leave the "For Assessors Office Use Only" block empty. FillingPDF lets you fill out and download the PDF; submission follows the channels above.
Common mistakes to avoid
- Applying after January 30 of the year the exemption would first apply; the form says the exemption applies only if the owner or agent applies on or before that date.
- Applying for property that was not taxed at the 6% ratio before the transfer or will not stay at 6% after it.
- Leaving the initial blank on the certification about reclassification away from 6%.
- Expecting to reclaim the exemption after the property is reclassified to 6% again without another Assessable Transfer of Interest.
- Claiming a value increase that did not result from an ATI, or an ATI that falls before tax year 2011.
- Omitting the TMS number, the present classification or the tax year at the top of the form.
- Submitting the form without the owner's signature, the date or a phone number in the signature line.
- Writing in the block marked For Assessors Office Use Only, which holds the ATI fair market value, exemption and taxable value figures.
Frequently asked questions
What is the Anderson County 25% ATI exemption?
It is a partial exemption of up to 25% of the ATI fair market value for property taxed at 6% whose value rose because of an Assessable Transfer of Interest. If granted, the taxable value is 75% of the ATI fair market value or the previous fair market value, whichever is higher.
What is the deadline to apply for the 25% ATI exemption?
January 30 of the year in which the exemption is first applied. The form says the exemption applies only if the owner or agent applies on or before that date, and the Assessor's Office calendar lists January 30 for transfers made in the prior year.
Which properties qualify for this exemption?
Properties taxed at a 6% assessment in the year the exemption is granted, with a value increase from an ATI for tax years 2011 forward. The property must be taxed at 6% before the transfer and continue at 6% afterward.
What happens if my property is reclassified after I get the exemption?
The exemption is removed if the property is reclassified to anything other than 6%. If it goes back to 6% in a later year, you cannot reclaim the exemption unless there is another Assessable Transfer of Interest.
Can an agent apply for the exemption for the owner?
Yes. The form says the property owner or their agent may apply by the January 30 deadline. The form still has a signature line for the owner, so contact the Assessor's Office at 864.260.4028 about how an agent's application is handled.
What is an Assessable Transfer of Interest?
An ATI is a term defined by South Carolina law. The county says most transfers of real property are ATIs, with limited exceptions listed at S.C. Code Ann. §12-37-3150, and an ATI property is generally assessed at full fair market value the year after the transfer.
Where do I send the Anderson County ATI exemption form?
To the Anderson County Assessor's Office: P.O. Box 8002, Anderson, SC 29622, or 401 East River Street, Anderson, SC 29624, open Monday to Friday, 8:30 a.m. to 5:00 p.m. Questions go to 864.260.4028 or [email protected].
Can I fill out the ATI exemption form online on FillingPDF?
Yes. You can fill out the PDF online on FillingPDF and download or print it. FillingPDF is an independent service and does not file the form with Anderson County; you submit it to the Assessor's Office yourself.
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