


Although we do not wish to embarrass property owners by doing this, it is mandatory since it is the first step in the foreclosure procedures.Įnforced collections may begin when bills first become delinquent. There is an additional cost to the taxpayer for this advertising.ĭelinquent Collections for Real and Personal Property after January 6 :Īll unpaid real estate taxes will be advertised in the newspaper and an advertising fee is added to the unpaid bill in March of each year. Advertisement of property tax liens is required by state law. North Carolina General Statutes require local tax collectors to advertise annually all current year unpaid taxes levied on real estate in the local newspaper (between March 1 and June 30). Property taxes not paid in full by January 5 are subject to a penalty of 2% effective on January 6 and 3/4% interest will be accrued each month thereafter until paid in full. Mail payments are deemed as received as of the date affixed by the U.S.

Should January 5 fall on Saturday, Sunday or holiday, payment deadline is extended to the next business day. Payment without interest may be made through January 5. If you do not receive your tax statement, please contact the Tax Collector’s Office during regular office hours to request a statement of taxes due. Tax bills for real and personal property are mailed to all Town of Franklin property owners in August of each year. Personal property Ad-Valorem taxes are most commonly levied only on major personal property holdings, such as a mobile home, recreational vehicles, or a boat. An example of an improvement is a garage added to a single family home or a road built on land. Real property includes land, buildings and other structures, and any improvements to the property. Ad-Valorem tax is levied on both real property and personal property.
