Updated July 11, 2022
A North Carolina lease agreement is a contract created for the renting of property between a landlord and tenant. The agreement may be used for residential or commercial purposes and, once signed, become legally binding to both parties.
Table of Contents |
Agreement Types (7)
Association of Realtors
– A standard lease provided by the North Carolina Association of Realtors to be used by a licensed Realtor.
Download: Adobe PDF
Commercial Lease Agreement
– For space that is utilized for a professional service or retailer.
Download: Adobe PDF , MS Word (.docx) , OpenDocument
Lease with Option to Purchase Agreement
– Standard form that also allows the chance for the tenant to buy the property on agreed-upon terms from the landlord.
Download: Adobe PDF , MS Word (.docx) , OpenDocument
Month-to-Month Lease Agreement
– Under
§ 42-14
a lessee may terminate this type of tenancy with at least seven (7) days’ notice.
Download: Adobe PDF , MS Word (.docx) , OpenDocument
Room Rental (Roommate) Agreement
– Form that binds the individuals sharing a common housing structure to tasks such as cleaning and how much each shall have to pay for bills, rent, etc.
Download: Adobe PDF , MS Word (.docx) , OpenDocument
Standard Residential Lease Agreement
– Provided by the Apartment Association of North Carolina for fixed tenancies last (most commonly) of one (1) year.
Download: Adobe PDF , MS Word , OpenDocument
Sublease Agreement
– The act of a lessee letting someone else use their property until the end of their term on the property.
Download: Adobe PDF
Required Disclosures
Lead-Based Paint Disclosure – Federal law requiring all landlords and managers of residential units constructed prior to 1978 to fit their tenants with this disclosure document. Must be signed by every mentioned lessee in the rental contract.
Security Deposit Receipt ( § 42-50 ) – If the landlord elects to obtain a security deposit from the tenant, they will be obligated, within thirty (30) days of receiving, to provide the name and address of the financial institution of where it’s being held. Furthermore, it must be located in a trust account in a licensed financial institution located in North Carolina. As an alternative, the landlord may furnish a bond for the security deposit amount from an insurance company licensed to conduct business in the bbin电竞官网官方永久.
Access
There is no law in North Carolina that requires the landlord to give any specific notice before a landlord may enter the property of the tenant.
Security Deposits
Maximum ( § 42-51 ) – For month to month tenancies only one and a half (1.5) months’ rent. If longer then the lessor may charge up to two (2) months’ rent.
Returning ( § 42-52 ) – After the tenant has vacated the premises and delivered possession to the landlord they may receive their deposit within thirty (30) days. If there is damage to the premises the landlord may send a notice within the thirty (30) day period suggesting that an additional thirty (30) days is needed to estimate for the repairs.
Helpful Guides
(Video) What are the North Carolina Rental Laws?