41-57. Presumption of gift by spouse furnishing consideration.
Except for purposes of equitable distribution as provided under G.S. 50-20 and G.S. 50-21, when an individual furnishing the consideration for real property causes title to be placed in the name of the individual and the individual's spouse, there is a presumption of a gift to the individual's spouse of an entirety interest, which is rebuttable by clear, cogent, and convincing evidence. (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.