1-347. Plaintiff's election that defendant take premises.
The plaintiff in such case, if judgment is rendered for him, may, at any time during the same term, or before judgment is rendered on the assessment of the value of the improvements, in person or by his attorney in the cause, enter on the record his election to relinquish his estate in the premises to the defendant at the value as ascertained, and the defendant shall thenceforth hold all the estate that the plaintiff had therein at the commencement of the suit, if he pays therefor the said value with interest in the manner ordered by the court. (1871-2, c. 147, s. 12; Code, s. 484; Rev., s. 663; C.S., s. 706.)
Structure North Carolina General Statutes
North Carolina General Statutes
§ 1-340 - Petition by claimant; execution suspended; issues found.
§ 1-341 - Annual value of land and waste charged against defendant.
§ 1-342 - Value of improvements estimated.
§ 1-343 - Improvements to balance rents.
§ 1-344 - Verdict, judgment, and lien.
§ 1-345 - Life tenant recovers from remainderman.
§ 1-346 - Value of premises without improvements.
§ 1-347 - Plaintiff's election that defendant take premises.
§ 1-348 - Payment made to court; land sold on default.
§ 1-349 - Procedure where plaintiff is under disability.