41-55. Definitions.
For the purposes of this Article, the following definitions apply:
(1) Conveyance. - A transfer of title to real property by deed or devise or other instrument transferring title to real property.
(2) Income. - Rents and profits from property held as tenants by the entirety.
(3) Spouses. - Two individuals then legally married to each other. (2020-50, s. 1(a), (c).)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 5 - Tenancy by the Entirety.
§ 41-56 - Creation of tenancy by the entirety.
§ 41-57 - Presumption of gift by spouse furnishing consideration.
§ 41-58 - Possession and control of entireties property.
§ 41-59 - Income derived from entireties property.
§ 41-60 - Liability of entireties property for debts of spouses.
§ 41-61 - Reimbursement for expenditures made on entireties property.
§ 41-62 - Insurance coverage and character of proceeds.
§ 41-64 - Termination of tenancy by the entirety upon death of a spouse.
§ 41-65 - Entireties property conveyed to trusts.
§ 41-66 - Common law of tenancy by the entirety; equitable principles.