Hodge v. Hodge
This text of 183 S.E.2d 800 (Hodge v. Hodge) is published on Counsel Stack Legal Research, covering Court of Appeals of North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Opinion
The sole question raised by this appeal is whether it was error to appoint a receiver for rental income from realty held as tenants by the entirety and apply the excess thereof, above the personal property exemption, to satisfy a judgment against the husband. The realty itself was not placed in the hands of the receiver but only the rental income therefrom.
The appellant contends that the rents from entirety property are not subject to such a receivership. This contention is not sound. Property held by the entirety is not subject to execution to satisfy judgments against one spouse. Hood v. Mercer, 150 N.C. 699, 64 S.E. 897 (1909) ; Johnson v. Leavitt, 188 N.C. *576 682, 125 S.E. 490 (1924). However, proceeds of entirety property are the property of the husband as against the wife and such proceeds may be applied against debts of the husband alone. Lewis v. Pate, 212 N.C. 253, 193 S.E. 20 (1937). The income from rental property held by the entirety is not protected from attachment to satisfy the debts of the husband merely because it is derived from entirety property. The procedure followed in the instant case is provided for in G.S. 1-352 through G.S. 1-368.
The appellant relies on the case of Finance Co. v. Putnam, 229 N.C. 555, 50 S.E. 2d 670 (1948). This case is clearly distinguishable.
There was no error in the appointment of the receiver in the instant case.
Affirmed.
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Cite This Page — Counsel Stack
183 S.E.2d 800, 12 N.C. App. 574, 1971 N.C. App. LEXIS 1410, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hodge-v-hodge-ncctapp-1971.