AN ACT TO MAKE CHANGES AND TECHNICAL CORRECTIONS TO THE GENERAL STATUTES CONCERNING REAL PROPERTY LAW, AS RECOMMENDED BY THE NORTH CAROLINA BAR ASSOCIATION.
Senate committee substitute makes the following changes to the 1st edition.
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.
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