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Tag Archives: real estate law

Demystifying Excise Tax in NC Real Estate Transactions

In North Carolina, real estate transactions are subject to various taxes and fees, including the excise tax. As a North Carolina lawyer, it's crucial to understand the intricacies of this tax to guide your clients effectively. In this blog post, we will explore the basics of excise tax in NC Real Estate, including what it…
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What is the role of an escrow agent in North Carolina?

In North Carolina, the role of an escrow agent is typically not involved in real estate transactions. Instead, the state follows a different approach to handling real estate closings compared to some other jurisdictions. Today's post will discuss what the role of an escrow agent in North Carolina is and how it relates to the…
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Understanding Ownership of Property After a Death in Cary

What happens when a family member passes away while owning real estate? This is a common question in Cary, North Carolina, and the answer depends on a number of factors. Today we'll discuss several things you should consider as it relates to property ownership following a death in the family. Let's start with an example.…
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