North Carolina § 41-85 Rents and profits from property held as cotenants

North Carolina Statutes

§ 41-85 — Rents and profits from property held as cotenants

North Carolina § 41-85

Ch. 41Estates

Art. 7Tenancy in Common

This text of North Carolina § 41-85 (Rents and profits from property held as cotenants) 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. § 41-85 (2026).

Text

(a)Cotenants share proportionally in the rents and profits of the property received from third parties according to their respective interests in the property.

(b)If a tenant in common has received more than that tenant in common's share of the rents and profits from the property, a cotenant may bring an action for an accounting to recover the cotenant's share of the rents and profits. (2024-47, s. 1.)

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(a) Cotenants share proportionally in the rents and profits of the property received from third parties according to their respective interests in the property.
(b) If a tenant in common has received more than that tenant in common's share of the rents and profits from the property, a cotenant may bring an action for an accounting to recover the cotenant's share of the rents and profits. (2024-47, s. 1.)