North Carolina's excise tax (revenue stamps) on real estate transfers is:
Question & Answer
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$1 per $100
Answer A states $1 per $100, which would equate to a 1% transfer tax rate — five times higher than the actual North Carolina rate and does not match any provision of N.C.G.S. § 105-228.30.
$2 per $1,000
Answer B states $2 per $1,000, which is mathematically equivalent to the correct rate but omits the critical detail that some North Carolina counties may add local transfer taxes on top of the state rate, making this answer incomplete.
$1 per $500 (state) plus local options
No transfer tax
Answer D is factually incorrect because North Carolina does impose a transfer tax; stating there is no transfer tax directly contradicts N.C.G.S. § 105-228.28 et seq., which has been in effect for decades.
Why is this correct?
Answer C is correct because North Carolina imposes an excise tax of $1 per $500 of the sales price under N.C.G.S. § 105-228.30, and certain counties are permitted by the legislature to add local transfer taxes beyond the state baseline. This rate is mathematically equivalent to $2 per $1,000, and the 'plus local options' qualifier accurately reflects the layered tax structure that exists in select North Carolina counties.
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