Vettori v. Fay

G.S. 41-2 abolished survivorship only where it follows as a legal incident to an existing joint tenancy. Jones v. Waldroup, 217 N.C. 178, 187, 7 S.E. 2d 366. It does not operate to prohibit persons from entering into written contracts as to lands so as to make future rights of the parties depend upon survivorship. Bunting v. Cobb, 234 N.C. 132, 135, 66 S.E. 2d 661. A deed, duly signed, sealed and delivered, is an executed contract. Edwards v. Batts, 245 N.C. 693, 698, 97 S.E. 2d 101. A grantee, by acceptance of a duly executed deed, becomes bound by the stipulations, recitals, conditions and…