What property tax and exemption rules apply when relocating to Isle of Palms?

Property tax on an Isle of Palms home depends first on whether it is your legal residence, since an owner-occupied primary home is assessed at a lower ratio than a second home or investment property, and a legal residence also gets an exemption from the school operating portion of the bill. You apply for that legal-residence status with the county assessor after closing, it is not automatic. Brian Beatty flags this step for relocating buyers so they do not miss the filing window and overpay the first year.