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North Carolina Excise Tax on Conveyances

North Carolina's tax on instruments conveying real property (G.S. 105-228.30): $1 for each $500 of consideration or fractional part, with any partial $500 rounded up. The transferor (seller) pays it to the register of deeds in the county where the property lies before the deed is recorded, and the register stamps the deed. A few counties also impose separate local land transfer taxes, but exam questions on 'the excise tax' mean the statewide rate.