NC General Statutes governing property taxation allow for a number of property tax exemptions and deferments. 

Property exemptions are available for real and personal property used for religious, educational, charitable, scientific, literary, and charitable hospital purposes, and certain real property held for sale by a builder.
 
The application deadline for property exemptions and deferments is January 31st each year, the last day of the annual tax listing period.

The application deadline for Property Tax Relief programs is June 1st each year.