North Carolina § 41-61 - Reimbursement for expenditures made on entireties property.
Full text of North Carolina North Carolina General Statutes § 41-61 — Reimbursement for expenditures made on entireties property., with citation guidance and answers to common questions.
§ 41-61. Reimbursement for expenditures made on entireties property.
Neither spouse holding property as tenants by the entirety is entitled to reimbursement of expenditures made on the property, including payments on indebtedness encumbering the property, while the tenancy by the entirety exists. When the tenancy by the entirety is converted to a tenancy in common by absolute divorce or otherwise, responsibility for expenditures for the property held as tenants in common is allocated as provided by the law governing tenants in common, unless otherwise directed in a court order such as in an equitable distribution proceeding. History (2020-50, s. 1(a), (c).)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 41-61
What does North Carolina General Statutes § 41-61 cover?
Section 41-61 ("Reimbursement for expenditures made on entireties property.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 41-61?
A common citation format is "North Carolina General Statutes § 41-61" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 41-61 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.