GroundRules
N.C. Gen. Stat. § 42-1: Lessor and lessee not partners.
Where this section sits in the code
- Chapter 42. Landlord and Tenant.
- Article 1. General Provisions.
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.)
Collected 2026-08-27T18:02:32Z. Source file · JSON