Taxes & Rates
North Carolina Real Estate Commission
The Board of Real Estate Appraisers held a rulemaking hearing on March three, 2022, and adopted a change to Board Rule 5.1 concerning the real estate appraisal experience requirements. REET was paid when the taxpayer was entitled to say a valid exemption however failed to take action on the time of switch. REET was paid on the switch back to the vendor on a sale rescinded by court order. Inheritance of a neighborhood property curiosity or the switch under a non-probated will in which a lack of probate affidavit is required. In common, you must …