105-277.5. Agricultural, horticultural and forestland - Notice of change in use.
Not later than the close of the listing period following a change which would disqualify all or a part of a tract of land receiving the benefit of this classification, the property owner shall furnish the assessor with complete information regarding such change. Any property owner who fails to notify the assessor of changes as aforesaid regarding land receiving the benefit of this classification shall be subject to a penalty of ten percent (10%) of the total amount of the deferred taxes and interest thereon for each listing period for which the failure to report continues. (1973, c. 709, s. 1; 1975, c. 746, s. 8; 1987, c. 45, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 12 - Property Subject to Taxation.
§ 105-274 - Property subject to taxation.
§ 105-275 - Property classified and excluded from the tax base.
§ 105-276 - Taxation of intangible personal property.
§ 105-277 - Property classified for taxation at reduced rates; certain deductions.
§ 105-277.01 - Certain farm products classified for taxation at reduced valuation.
§ 105-277.02 - Certain real property held for sale classified for taxation at reduced valuation.
§ 105-277.1 - Elderly or disabled property tax homestead exclusion.
§ 105-277.1B - Property tax homestead circuit breaker.
§ 105-277.1C - Disabled veteran property tax homestead exclusion.
§ 105-277.1D - (See note for repeal.) Inventory property tax deferral.
§ 105-277.1F - Uniform provisions for payment of deferred taxes.
§ 105-277.2 - Agricultural, horticultural, and forestland Definitions.
§ 105-277.3 - Agricultural, horticultural, and forestland Classifications.
§ 105-277.5 - Agricultural, horticultural and forestland - Notice of change in use.
§ 105-277.6 - Agricultural, horticultural and forestland - Appraisal; computation of deferred tax.
§ 105-277.7 - Use-Value Advisory Board.
§ 105-277.8 - Taxation of property of nonprofit homeowners' association.
§ 105-277.9 - Taxation of property inside certain roadway corridors.
§ 105-277.9A - (See note for repeal) Taxation of improved property inside certain roadway corridors.
§ 105-277.11 - Taxation of property subject to a development financing district agreement.
§ 105-277.12 - Antique airplanes.
§ 105-277.13 - Taxation of improvements on brownfields.
§ 105-277.14 - Taxation of working waterfront property.
§ 105-277.15A - Taxation of site infrastructure land.
§ 105-277.16 - Taxation of low-income housing property.
§ 105-277.17 - Taxation of community land trust property.
§ 105-278 - Historic properties.
§ 105-278.1 - Exemption of real and personal property owned by units of government.
§ 105-278.3 - Real and personal property used for religious purposes.
§ 105-278.4 - Real and personal property used for educational purposes.
§ 105-278.6 - Real and personal property used for charitable purposes.
§ 105-278.6A - Qualified retirement facility.
§ 105-278.8 - Real and personal property used for charitable hospital purposes.