Vacant land sits outside Chapter 47E
The Residential Property Disclosure Act, N.C.G.S. Chapter 47E, governs transfers of residential real property of not less than one nor more than four dwelling units. A parcel with nothing built on it has no dwelling units, so the Act never reaches it and there is no state form to complete — not an exemption, just a statute that does not apply. Even for houses the North Carolina form is unusual, since § 47E-4 lets an owner answer 'No Representation' to most questions. None of that licenses hiding a defect you know about. It does mean access, boundaries and buildability get established by whoever asks.
Ten days to be outbid, then again
A North Carolina tax foreclosure sale is not final when the bidding stops. Under N.C.G.S. § 1-339.25 the filing of the report of sale opens a ten-day window in which anyone may upset the high bid at the clerk of superior court, raising it by at least five percent and in no event by less than $750, with a cash or certified-check deposit filed at the same time. Each upset bid starts a fresh ten-day period, so a contested parcel can stay open for weeks. Until that clock finally runs out, the outcome is still moving.
Present-use value defers tax, then collects it
North Carolina's present-use value program taxes qualifying agricultural, horticultural and forestland on use rather than market value, at N.C.G.S. §§ 105-277.2 through 105-277.7. The thresholds in § 105-277.3 are specific: at least 10 acres in actual production for agriculture, five for horticulture, 20 for forestland, plus a $1,000 average gross income test on the first two. The saving is a deferral, not a discount. When a disqualifying event occurs, § 105-277.4(c) makes the deferred taxes for the preceding three fiscal years due and payable under § 105-277.1F, with interest running as though each year's tax had come due on its original date.
The coast and the mountains add layers
Twenty coastal counties fall under the Coastal Area Management Act, N.C.G.S. § 113A-100 and following. Inside an Area of Environmental Concern — ocean erodible land, estuarine shoreline, inlet hazard areas — development requires a CAMA permit from the Division of Coastal Management or a locally designated permit officer. Oceanfront setbacks are measured landward from the first line of stable natural vegetation, at 60 feet or 30 times the long-term annual erosion rate, whichever is greater, for smaller structures. In the west the constraint is grade, and ridge and steep-slope rules are county ordinances layered over the Mountain Ridge Protection Act of 1983, § 113A-205 and following.