§ 105-278.2. Burial property. - North Carolina Statutes

§105‑278.2.  Burial property.

(a)        Real property setapart for burial purposes shall be exempted from taxation unless it is ownedand held for purposes of (i) sale or rental or (ii) sale of burial rightstherein.

(b)        Taxable realproperty set apart for human burial purposes is hereby designated a specialclass of property under authority of Article V, Section 2(2) of the NorthCarolina Constitution, and it shall be assessed for taxation taking intoconsideration the following:

(1)        The effect on itsvalue by division and development into burial plots;

(2)        Whether it isirrevocably dedicated for human burial purposes by plat recorded with theRegister of Deeds in the county in which the land is located; and

(3)        Whether the owner isprohibited or restricted by law or otherwise from selling, mortgaging, leasingor encumbering the same.

(c)        For purposes ofthis section, the term "real property" includes land, tombs, vaults,monuments, and mausoleums, and the term "burial" includes entombment.(1973, c. 695, s. 4; 1987, c. 724.)