North Carolina General Statutes 41-55. Definitions
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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.
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.
(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).)