{"data":{"id":"us-nc/n.c.-gen.-stat.-41-61","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 41-61","heading":"Reimbursement for expenditures made on entireties property.","body":"(a)\tIn the case of property held as tenants by the entirety, neither spouse is entitled to reimbursement from the other for expenditures made with respect to the property during the existence of the tenancy by the entirety, including payments made for recurring expenses, improvements, and payments made on indebtedness secured by a lien on the property.\n(b)\tWhen the tenancy by the entirety is converted to a tenancy in common by absolute divorce or otherwise, responsibility for expenditures made with respect to the property held as tenants in common is allocated as provided by the law governing tenants in common.\n(c)\tWhen the tenancy by the entirety is terminated by death, neither the surviving spouse nor the personal representative of the deceased spouse is entitled to reimbursement from the other for expenditures made with respect to the property during the existence of the tenancy by the entirety, including payments made for recurring expenses, improvements, and payments made on indebtedness secured by a lien on the property.\n(d)\tNothing in subsection (a), (b), or (c) of this section does any of the following:\n(1)\tApplies in any proceeding for equitable distribution or constitutes any limitation on the power of the court in any equitable distribution proceeding.\n(2)\tRenders unenforceable the terms of any otherwise valid and enforceable provisions in a premarital agreement, postmarital agreement, or promissory note given by one spouse to the other.\n(3)\tAffects any otherwise valid and enforceable lien or judgment. (2020-50, s. 1(a), (c); 2022-12, s. 1.)","path":["Chapter 41. Estates","Article 5. Tenancy by the Entirety."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_41/GS_41-61.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:02:22Z","sha256":"c5a8d01f63b7ca7e10b7ea05b07342e27e6101cc9bf885f5698a5cd326bc5db3","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-41-60","next":"us-nc/n.c.-gen.-stat.-41-62"},"notice":"GroundRules: Original legal text. Not legal advice."}