North Carolina § 41-81 Nature of tenancy in common, in general

North Carolina Statutes

§ 41-81 — Nature of tenancy in common, in general

North Carolina § 41-81

Ch. 41Estates

Art. 7Tenancy in Common

This text of North Carolina § 41-81 (Nature of tenancy in common, in general) is published on Counsel Stack Legal Research, covering North Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.C. Gen. Stat. § 41-81 (2026).

Text

Tenancy in common ownership includes the following characteristics:

(1)Two or more persons hold separate undivided interests in the property.

(2)The interests of all cotenants in the property are deemed to be equal unless otherwise specified in the instrument of conveyance. Interests of cotenants in the property acquired by intestacy are as determined under Chapter 29 of the General Statutes.

(3)Cotenants hold by several and distinct titles with each cotenant having a right to possession of the property.

(4)Cotenants need not take title from the same instrument or at the same time.

(5)Cotenants do not have a right of survivorship. (2024-47, s. 1.)

Free access — add to your briefcase to read the full text and ask questions with AI

Tenancy in common ownership includes the following characteristics:
(1) Two or more persons hold separate undivided interests in the property.
(2) The interests of all cotenants in the property are deemed to be equal unless otherwise specified in the instrument of conveyance. Interests of cotenants in the property acquired by intestacy are as determined under Chapter 29 of the General Statutes.
(3) Cotenants hold by several and distinct titles with each cotenant having a right to possession of the property.
(4) Cotenants need not take title from the same instrument or at the same time.
(5) Cotenants do not have a right of survivorship. (2024-47, s. 1.)