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Northside Station Associates v. Maddry

North Carolina Court of Appeals

413 S.E.2d 319 (1992)

Relevant factsFree

Stanley, one of two original tenants under a lease from Northside, conveyed his interest to Maddry under an agreement expiring on the same date as the original lease, retaining no reversion, but Margaret, his co-tenant, was not a party to that conveyance; when Maddry held over after the lease expired without executing a new lease or paying increased holdover rent, Northside sued her directly, and the trial court dismissed for lack of privity, treating the conveyance as a sublease.

IssueFree

Whether a lease agreement that conveys an entire interest in leased property constitutes an assignment, which creates privity of estate between the original lessor and new tenant.

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