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Current as of January 01, 2023 | Updated by Findlaw Staff
The existence of a life estate in real property does not bar a partition sale of the remainder or reversionary interest of the property, and for the purposes of partition, the tenants in common or joint tenants of the remainder or reversionary interest shall be deemed to possess the property as if no life estate existed. The partition shall not, however, interfere with the possession of the life tenant during the existence of the life tenant's estate.
Cite this article: FindLaw.com - North Carolina General Statutes Chapter 46A. Partition § 46A-79. Partition sale of remainder or reversionary interest of real property - last updated January 01, 2023 | https://codes.findlaw.com/nc/chapter-46a-partition/nc-gen-st-sect-46a-79/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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