Maybe. There are 3 initial criteria tests:
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The main benefit of historic designation is an automatic deferral of 50% of property (Ad Valorem) taxes on those portions of the property which have been designated as an historic landmark.
Yes. However, any significant changes to a historic landmark must be reviewed and approved by the Charlotte-Mecklenburg historic Landmarks Commission through a Certificate of Appropriateness.
The demolition of an historic landmark may be delayed for up to 365 days by the Historic Landmarks Commission.