§ 41-71. Creation of a joint tenancy with right of survivorship.
213 words·~1 min read·
/nc/chapter-41/41-71A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 41-71. Creation of a joint tenancy with right of survivorship.
(a)A conveyance resulting in two or more persons owning property creates a tenancy in common unless a joint tenancy with right of survivorship is created as provided in subsection
(b)of this section or a tenancy by the entirety is created as provided by the law governing tenancy by the entireties.
(b)A conveyance resulting in two or more persons owning property creates a joint tenancy with right of survivorship between or among the parties to the instrument if the instrument expresses an intent to create a joint tenancy with right of survivorship. The following words in the instrument are deemed to express an intent to create a joint tenancy with right of survivorship unless the instrument otherwise provides: "joint tenants with right of survivorship," "joint tenants," "joint tenancy," "tenants in common with right of survivorship," "joint with right of survivorship," "with right of survivorship."
(c)Nothing in this Article prohibits joint tenants from entering into any agreement with regard to the property held in joint tenancy, including, without limitation, an agreement that notice must be given to other joint tenants before any joint tenant terminates the joint tenancy as provided in G.S. 41-73(b). (2020-50, s. 2(a), (c); 2025-25, s. 31.1(a).)