North Carolina General Statutes 105-317.2. Report on transfers of real property
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To facilitate the accurate appraisal of real property for taxation, the information listed in this section must be included in each deed conveying property. The following information is required:
(1) The name of each grantor and grantee and the mailing address of each grantor and grantee.
Terms Used In North Carolina General Statutes 105-317.2
- Appraisal: A determination of property value.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
- Grantor: The person who establishes a trust and places property into it.
- property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(2) A statement whether the property includes the primary residence of a grantor.
Failure to comply with this section does not affect the validity of a duly recorded deed. This section does not apply to deeds of trust, deeds of release, or similar instruments. (2009-454, s. 1.)