§ 47A-21. Units taxed separately. - North Carolina Statutes

§47A‑21.  Units taxed separately.

Each condominium unit and itspercentage of undivided interest in the common areas and facilities shall bedeemed to be a parcel and shall be separately assessed and taxed by eachassessing unit and special district for all types of taxes authorized by lawincluding but not limited to special ad valorem levies and special assessments.Each unit holder shall be liable solely for the amount of taxes against hisindividual unit and shall not be affected by the consequences resulting fromthe tax delinquency of other unit holders. Neither the building, the propertynor any of the common areas and facilities shall be deemed to be a parcel. (1963,c. 685, s. 21.)