2021 North Carolina General Statutes
Chapter 41 - Estates
Article 5 - Tenancy by the Entirety.
§ 41-57 - Presumption of gift by spouse furnishing consideration.

Universal Citation: NC Gen Stat § 41-57 (2021)

41-57. Presumption of gift by spouse furnishing consideration.

Except for purposes of equitable distribution as provided under G.S. 50-20 and G.S. 50-21, when an individual furnishing the consideration for real property causes title to be placed in the name of the individual and the individual's spouse, there is a presumption of a gift to the individual's spouse of an entirety interest, which is rebuttable by clear, cogent, and convincing evidence.

(2020-50, s. 1(a), (c).)


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