Current through Session Law 2024-53
Section 41-85 - Rents and profits from property held as cotenants(a) Cotenants share proportionally in the rents and profits of the property received from third parties according to their respective interests in the property.(b) If a tenant in common has received more than that tenant in common's share of the rents and profits from the property, a cotenant may bring an action for an accounting to recover the cotenant's share of the rents and profits.Added by 2024 N.C. Sess. Laws 47,s. 1, eff. 9/9/2024.