South Carolina § 12-6-5595 - Timber deeds as real property conveyances.
Full text of South Carolina South Carolina Code of Laws § 12-6-5595 — Timber deeds as real property conveyances., with citation guidance and answers to common questions.
§ 12-6-5595. Timber deeds as real property conveyances.
For purposes of the nonrecognition of gain under Section 1031 of the Internal Revenue Code and comparable provisions of state law, the conveyance by timber deed of the right to cut standing timber for a period of time exceeding thirty years is considered a conveyance of a real property interest, and as such, under the laws of this State, is a like-kind exchange with other similar conveyances of a real property interest or with conveyances of similar investment real property owned in fee simple.
HISTORY: 2006 Act No. 248, SECTION 1, eff March 17, 2006.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 12-6-5595
What does South Carolina Code of Laws § 12-6-5595 cover?
Section 12-6-5595 ("Timber deeds as real property conveyances.") 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 § 12-6-5595?
A common citation format is "South Carolina Code of Laws § 12-6-5595" (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 § 12-6-5595 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.