17 NCAC 03C .0105          REAL PROPERTY: DEED OF GIFT

When a gift of real estate is made and the gift is to a husband and wife, creating an estate by the entirety, the value of the transfer is equally divided between the donees.

History Note:        Authority G.S. 105‑188; 105‑190; 105‑262;

Eff. February 1, 1976.