§ 42-8. Grantees of reversion and assigns of lease have reciprocal rights under covenants. - North Carolina Statutes

§42‑8.  Grantees of reversion and assigns of lease have reciprocal rightsunder covenants.

The grantee in everyconveyance of reversion in lands, tenements or hereditaments has the likeadvantages and remedies by action or entry against the holders of particularestates in such real property, and their assigns, for nonpayment of rent, andfor the nonperformance of other conditions and agreements contained in theinstruments by the tenants of such particular estates, as the grantor  orlessor or his heirs might have; and the holders of such particular  estates,and their assigns, have the like advantages and remedies against the grantee ofthe reversion, or any part thereof, for any conditions and agreements containedin such instruments, as they might have had against the grantor or his lessorsor his heirs. (32 Hen. VIII, c. 34; 1868‑9, c. 156, s. 18;Code, s. 1765; Rev., s. 1989; C.S., s. 2348.)