Orange County NC Website
4 <br /> What is Revaluation ? <br /> • Process of updating real property tax <br /> assessment to market value and present-use <br /> value as of a single appraisal date <br /> • Includes land and permanent structures , both <br /> residential and commercial <br /> • Does not include business personal property, motor <br /> vehicles, boats, airplanes, public utilities, which are <br /> reappraised annually. <br /> ORANGE COUNTY <br /> 2 NORTH CAROLINA <br />