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North Carolina General Statutes Chapter 41. Estates § 41-30. Leases to commence in the future

Current as of January 01, 2023 | Updated by Findlaw Staff

A lease to commence at a time certain or upon the occurrence or nonoccurrence of a future event becomes invalid if its term does not actually commence in possession within 30 years after its execution. For purposes of this section, the term “lease” does not include an oil, gas, or mineral lease.

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Cite this article: FindLaw.com - North Carolina General Statutes Chapter 41. Estates § 41-30. Leases to commence in the future - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-41-estates/nc-gen-st-sect-41-30/

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