California State law requires the reassessment of secured property as of the first day of the month following an ownership change or the completion of new construction.
In most cases, this reassessment results in one or sometimes two supplemental property tax bills in addition to the annual secured property tax bill.
We will be glad to accept your payment by credit card over the phone or you can call 1-800-2paytax (1-800-272-9829). In 2005, the North Carolina General Assembly ratified House Bill 1779 to create a combined motor vehicle registration renewal and property tax collection system.
The legislation places the responsibility for motor vehicle property tax collection for the state’s 100 counties with the Division of Motor Vehicles (DMV).
In September 12, 2014, Assembly Bill AB 2231 Chapter 703, Statutes of 2014, reinstated a received Property Tax Postponement (PTP) program.
The State Controller’s Office (SCO) will begin accepting new PTP applications beginning September 1, 2016. The same rules apply as for unpaid annual tax bills.
In addition to participating in the revaluation, the Tax Assessor’s office performed its routine duties.
These duties included updating the value of 32,281 motor vehicles, mobile homes, boats, trailers, and airplanes; changing 1,592 real property records; and processing a multitude of wills, death certificates, building permits, and property splits.
Considerable time and effort has been spent settling real and personal property tax appeals made to the North Carolina Property Tax Commission.
Of North Carolina’s 100 counties, only 40 do revaluations with their own staff rather than through outside appraisers.
After a change in ownership or when new construction is completed, the Office of the Assessor/Recorder must determine a new base year value for the property.
The new value is determined usually by the current market value of the property.
You must, however, file for all exemptions before the 30th day following the date of the notice from the Office of the Assessor/Recorder of your supplemental assessment.