For the purposes of this Article, the following definitions apply:

(1)        Conveyance. – A transfer of title to real property by deed or devise or other instrument transferring title to real property.

(2)        Income. – Rents and profits from property held as tenants by the entirety.

(3)        Spouses. – Two individuals then legally married to each other. ?(2020-50, s. 1(a), (c).)

Need help reviewing a real estate contract?
Have it reviewed by a lawyer, get answers to your questions and move forward with confidence.
Connect with a lawyer now

Terms Used In North Carolina General Statutes 41-55

  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Devise: To gift property by will.
  • following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.