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Which term or document is being described in this North Carolina item on property tax listing, January 1 rules, and tax-bill calculations? Use the description below. Description: The common North Carolina convention for expressing local property tax rates.

Correct Answer

D) Dollars per $100 of assessed value

Dollars per $100 of assessed value

Answer Options
A
Dollars per $500 of value
B
Flat amount per deed
C
Percentage of sales price only
D
Dollars per $100 of assessed value

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Related Topics & Key Terms

Key Terms:

definitiondifficulty_1nc_property_tax_conveyance_taxnc_statenorth_carolinaproperty_taxproperty_tax_listing_january_1_and_bill_calculationscenario_traps_edge_cases_and_enforcement
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