North Carolina county improperly revalued properties in nonrevaluation year

North Carolina county improperly revalued properties in nonrevaluation year

The North Carolina Supreme Court recently held that a county's reappraisal of undeveloped parcels constituted an improper revaluation because it occurred in a nonrevaluation year.  In In re Ocean Isle Palms LLC, the Court overturned an earlier ruling by the Court of Appeals and rejected claims by the county that … [Read more...]