South Carolina § 12-43-221 - Property purchased by installment contract for sale; applicable assessments and exemptions.
Full text of South Carolina South Carolina Code of Laws § 12-43-221 — Property purchased by installment contract for sale; applicable assessments and exemptions., with citation guidance and answers to common questions.
§ 12-43-221. Property purchased by installment contract for sale; applicable assessments and exemptions.
Property in which the occupant has an interest pursuant to an installment contract for sale with the United States Department of Veterans Affairs, or its assignee, is eligible for the assessment ratio provided in Section 12-43-220(c) and the exemptions provided in Sections 12-37-220, 12-37-250, and 12-37-290, as long as the additional requirements of those sections, other than the ownership requirement, are also met.
HISTORY: 1997 Act No. 36, SECTION 1.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 12-43-221
What does South Carolina Code of Laws § 12-43-221 cover?
Section 12-43-221 ("Property purchased by installment contract for sale; applicable assessments and exemptions.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 12-43-221?
A common citation format is "South Carolina Code of Laws § 12-43-221" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 12-43-221 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.