North Carolina law say that back taxes are to be paid by the new purchaser from the sale from previous owner;?
however, if the ownership is claimed and there is no previous owner of the land how can the new owner pay back taxes please quote statute
Public Comments
- may I re-phrase what the law is -says here; upon close of escrow of the purchase of a home using institutional financing-- all liens, with IRS [if any] and tax being paid first, then mortgages [if any] are paid from the proceeds of the loan procured by the buyer. if there was a rare trade of property between a private person and a city or county or state or fed, upon the sale of that property AFTER the trade is completed first, then the county will levy a tax on that property and it will be paid by the new buyer. otherwise, YOU please tell me, using different words, what you are meaning to say.
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