{"data":{"id":"us-nc/n.c.-gen.-stat.-46a-80","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 46A-80","heading":"Sale of standing timber; valuation of life estate.","body":"(a)\tWhen two or more persons own real property with standing timber, as tenants in common, joint tenants, or partners, one or more of the persons may seek a partition sale of the timber, separate from the real property.\n(b)\tIf real property with standing timber is subject to a life estate, the life tenant or an owner of the remainder or reversionary interest, whether as a tenant in common, joint tenant, partner, or sole owner, may seek a partition sale of the timber, separate from the real property. The life tenant shall be made a party to the proceeding and is entitled to receive the life tenant's share of the proceeds, to be calculated according to mortality tables accepted by the court.\n(c)\tAn order allowing a life tenant to sell standing timber requires a finding that the cutting of the timber is in keeping with good husbandry and that no substantial injury will be done to the remainder or reversionary interest. (1895, c. 187; Rev., s. 2510; C.S., s. 3236; 1949, c. 34; 1975, c. 476, s. 1; 1997-133, s. 3; 2020-23, ss. 2(cc), 3.)","path":["Chapter 46A. Partition.","Article 2. Partition of Real Property.","Part 3. Partition Sale."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_46A/GS_46A-80.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:03:12Z","sha256":"88cbd865c61a3abac04d4394fda4c7b44880f0ad551f1ec6f661e4304b447237","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-46a-79","next":"us-nc/n.c.-gen.-stat.-46a-81"},"notice":"GroundRules: Original legal text. Not legal advice."}