Bill Summary for S 595 (2019-2020)
Printer-friendly: Click to view
Summary date:
May 1 2019
Bill Information:
View NCGA Bill Details | 2019-2020 Session |
AN ACT TO MAKE CHANGES AND TECHNICAL CORRECTIONS TO THE GENERAL STATUTES CONCERNING REAL PROPERTY LAW, AS RECOMMENDED BY THE NORTH CAROLINA BAR ASSOCIATION.Intro. by Daniel.
View: All Summaries for Bill | Tracking: |
Bill summary
Senate committee substitute makes the following changes to the 1st edition.
Part I.
Modifies the proposed changes to GS 41-56(a) (previously codified as GS 39-13.6(b)) to maintain existing language for conveyances to a named wife, named husband, or named spouse (in addition to that proposed) by providing that unless a contrary intention is expressed in the conveyance, a conveyance of any interest of real property to spouses vests title in them as tenants by the entirety when the conveyance is to a named man and wife or a named woman and husband. Makes organizational changes.
Makes technical and clarifying changes to Parts I, II, and IV.