Extraterritorial common property taxed pursuant to G.S. 105-277.8 shall be assessed, pro rata, among the lot owners based on the number of lots in the association.
N.C. Gen. Stat. § 47F-1-105
Taxation
Known as the North Carolina Planned Community Act
The act spans §§ 47–47 (9 sections).
2012-157, s. 3.
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.