§ 45-45.2. Transfer taxes not applicable.
72 words·~1 min read·
/nc/chapter-45/45-45-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 45-45.2. Transfer taxes not applicable.
Notwithstanding any other provision of law, no excise tax on instruments conveying an interest in real property, except that levied by Article 8E of Chapter 105 of the General Statutes, shall apply to instruments conveying an interest in property as the result of foreclosure or in lieu of foreclosure to the holder of the security interest being foreclosed or subject to being foreclosed. (1987, c. 685.)