The property tax law calls for counties to charge interest for overdue accounts. FIVE Percent (5%) Interest will be added on the Past Due Date. Additional interest adds at 3/4 of ONE percent (1%) each month until taxes are paid in full.
Recent legislation now allows counties to block the license plate (registration) renewal for any vehicle for which the owner owes an overdue property tax. A county tax collector can place a "block" on the registration of any vehicle for which property tax payment is at least four months overdue. If a county places a "block" on the vehicle registration, the DMV is unable to renew the license plate for that vehicle until the owner presents the DMV with a standardized paid tax receipt.
The DMV is not involved in establishing the value of a vehicle for property tax purposes. It furnishes a record of the make and model of the registered vehicle, and the local county assessment office determines the tax accordingly.
- vehicles exempt from registration by North Carolina law
- manufactured homes
- mobile classrooms and offices
- semi-trailers registered on a multi-year basis
- motor vehicles owned or leased by public service companies
- vehicles in confidential status
All vehicles are valued at estimated retail value. Dare County valuation guide generally values slightly less than the N.A.D.A. retail value. Contact the Tax Department before the past due date to make an appeal.