Contents
The North Carolina Lease Agreement form is an essential document for anyone looking to rent or lease property in the state. This form outlines the rights and responsibilities of both landlords and tenants, ensuring a clear understanding of the terms of the rental arrangement. Key elements include the duration of the lease, the amount of rent due, and the security deposit requirements. Additionally, the form addresses maintenance responsibilities, rules regarding pets, and procedures for terminating the lease. It’s important for both parties to review the agreement carefully, as it serves as a legally binding contract that protects their interests. By using this form, landlords can safeguard their property while tenants can secure their living arrangements with confidence.
Sample - North Carolina Lease Agreement Form
North Carolina Lease Agreement Template
This Lease Agreement ("Agreement") is entered into this ____ day of _______________, 20__, by and between ______________________________________________________ ("Landlord") and __________________________________________________________ ("Tenant"). The premises leased are located at ____________________________________________________________________________, North Carolina ("Premises").
In accordance with the North Carolina Residential Rental Agreements Act, the terms and conditions outlined hereinafter are legally binding upon both parties once this document is signed.
Lease Terms
- Lease Duration: The term of this Lease shall commence on _______________, 20__, and shall terminate on _______________, 20__.
- Rent Payments: Tenant agrees to pay the Landlord a monthly rent of $______________, due on the first day of each month. The first payment shall be made on _______________, 20__.
- Security Deposit: A security deposit of $______________ shall be paid by Tenant upon signing of this Agreement, to cover any damages beyond normal wear and tear or any unpaid rent. Subject to the North Carolina Tenant Security Deposit Act, the deposit will be returned to Tenant within thirty (30) days after the termination of the lease, minus any deductions for repairs or unpaid rent.
- Late Fees: If rent is not paid by the 5th day after the due date, Tenant agrees to pay a late fee of $__________.
- Utilities: Tenant is responsible for payment of all utilities associated with the Premises, except ____________________________________________________________, which shall be paid by Landlord.
- Maintenance and Repairs: Tenant agrees to maintain the Premises in a clean and sanitary condition and to promptly report any damage or need for repairs to Landlord.
- Use of Premises: The Premises shall be used exclusively as a private residence by the Tenant(s) listed in this Agreement and their immediate family. No part of the Premises shall be used at any time during the term of this Agreement for the purpose of carrying on any business, profession, or trade of any kind, or for any purpose other than as a private residence.
- Alterations: Tenant shall not make any alterations, additions, or improvements to the Premises without the prior written consent of Landlord.
- Subletting: Tenant shall not sublet the Premises or any part thereof, or assign this Agreement, without the prior written consent of Landlord.
- Pets: No pets shall be kept on the Premises without the prior written consent of Landlord.
- Smoking: Smoking is not permitted in the indoor areas of the Premises.
- Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of North Carolina.
Signatures
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
Landlord Signature: ___________________________________________________________
Tenant Signature: ___________________________________________________________
Date: _________________________
File Specs
| Fact Name | Details |
|---|---|
| Governing Law | The North Carolina Lease Agreement is governed by the North Carolina General Statutes, specifically Chapter 42, which outlines landlord-tenant relationships. |
| Duration | Lease agreements can be for a fixed term, typically ranging from six months to one year, or they can be month-to-month. |
| Security Deposit | In North Carolina, landlords may collect a security deposit, which cannot exceed one and a half months' rent for leases longer than 30 days. |
| Notice Requirements | Landlords must provide written notice before terminating a lease. The notice period varies based on the duration of the tenancy. |
| Repairs and Maintenance | Landlords are required to maintain the rental property in a habitable condition, which includes making necessary repairs in a timely manner. |
| Tenant Rights | Tenants have the right to privacy and must be given proper notice before a landlord enters the rental unit, except in emergencies. |
| Dispute Resolution | In case of disputes, North Carolina encourages mediation before pursuing legal action, though tenants can seek remedies through the court system if necessary. |
Some Other North Carolina Templates
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North Carolina Commercial Lease Agreement - It specifies rental payment amounts, term length, property use rules, and responsibilities for utilities and maintenance.
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