Chapter 42.
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/nc/chapter-42/42A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Chapter 42.
Landlord and Tenant.
Article 1.
General Provisions.
§ 42-1. Lessor and lessee not partners.
No lessor of property, merely by reason that he is to receive as rent or compensation for its use a share of the proceeds or net profits of the business in which it is employed, or any other uncertain consideration, shall be held a partner of the lessee. (1868-9, c. 156, s. 3; Code, s. 1744; Rev., s. 1982; C.S., s. 2341.)