North Carolina Statutes
§ 42-1 — Lessor and lessee not partners
North Carolina § 42-1
This text of North Carolina § 42-1 (Lessor and lessee not partners) 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. § 42-1 (2026).
Text
No lessor of property, merely by reason that he is to receive as rent or compensation for its use a share of the proceeds or net profits of the business in which it is employed, or any other uncertain consideration, shall be held a partner of the lessee. (1868-9, c. 156, s. 3; Code, s. 1744; Rev., s. 1982; C.S., s. 2341.)
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Nearby Sections
15
§ 42-14.1
Preemption of local regulations§ 42-14.6
Transient occupancies excluded§ 42-16
Rights of tenantsCite This Page — Counsel Stack
Bluebook (online)
North Carolina § 42-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/nc/42-1.