Apartment Lease Agreement North Carolina
An Apartment Lease Agreement in North Carolina serves as a legally binding document that establishes the terms and conditions of the rental arrangement between a landlord and a tenant. Our comprehensive contract template addresses key aspects including the lease duration, rent amount, security deposit specifics, and any rules or responsibilities for both parties.
An apartment lease agreement in North Carolina must comply with the landlord-tenant laws. These spell out both parties’ obligations and responsibilities during the term of the lease. To begin with, the landlord is expected to provide a habitable and safe dwelling place. They’re also expected to keep the heating, electrical, plumbing, and sanitary components in good working condition.
Security Deposit
When entering an apartment lease agreement in North Carolina, the landlord can charge a security deposit. If the lease is a month-to-month rental agreement, the deposit can’t be greater than one and a half months rent.
For rental agreements greater than month to month, the security deposit is capped at a maximum of two months’ rent. In addition, both parties agree to a 30-day notice period for a 12-month lease or seven days when the rental terms are month-to-month.
Payment Terms
In case of delayed rent or non-payment, the landlord can file for eviction procedures after a 10-day grace period. However, the law bars landlords from retaliatory evictions under specific terms.
Disclosures
Some common considerations for an apartment lease agreement in North Carolina include:
- Lead-Based Paint Disclosure (for properties built before 1978)
- Security Deposit Receipt
- Notice of Tenant’s Rights (North Carolina General Statutes § 42-42)
- Bedbug Disclosure
- Mold Disclosure (Recommended)
- Radon Gas Disclosure (Recommended)