North Carolina §47C-1-105

Separate titles and taxation

Statute:
North Carolina §47C-1-105 · Chapter 47C (North Carolina Condominium Act)
Topic:
Ownership · Taxation
Applies to:
Condo associations

Each unit is a separate parcel for title and property-tax purposes. Common elements are not taxed separately from the units. This section also applies to pre-1986 condos.

title; taxation; unit; common elements; separately taxed

📄 Read the official text at ncleg.gov →

How SoShiny helps with Separate titles and taxation

SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees.

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Frequently asked

What does North Carolina §47C-1-105 require?
Each unit is a separate parcel for title and property-tax purposes. Common elements are not taxed separately from the units. This section also applies to pre-1986 condos.
Who does North Carolina §47C-1-105 apply to?
North Carolina §47C-1-105 applies to Condo associations in North Carolina.
What happens if our condo doesn't comply with §47C-1-105?
Non-compliance can expose the association and individual directors to disputes in the governing forum for North Carolina community associations. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance.
Where can I read the official text of North Carolina §47C-1-105?
The official text is published by the North Carolina General Assembly at ncleg.gov. The summary on this page is for plain-English reference only and is not legal advice.
How does SoShiny help with Separate titles and taxation?
SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees. Learn more →

Not legal advice. This page is a plain-English summary of North Carolina §47C-1-105 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a North Carolina-licensed attorney. For the official statutory text, see the link above.

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