North Carolina Lease Agreement

TurboTenant's North Carolina lease agreement, crafted by local attorneys and property owners, ensures legal compliance and full protection for landlords.

TurboTenant’s North Carolina lease agreement is a meticulously prepared document, tailored by legal experts and veteran landlords from the Tar Heel State. This lease agreement is designed to align with state laws, ensuring landlords navigate the rental process with confidence and legal fortitude. Let’s break down the sections of this vital document for property leasing.

Section 1 – Customizable Details

Section 1 serves as the customizable core of the lease, capturing all the unique details of your rental arrangement. Within this section, landlords insert information such as tenant names, rental amounts, and specifics regarding utilities. This customization occurs during the lease creation process via TurboTenant’s platform. Aimed at clarity and straightforwardness, the agreement features a summary table at the forefront, with further details like smoking policies, key management, and utilities outlined in the subsequent text.

Key aspects of Section 1 include:

• Additional Provisions: This area allows for the inclusion of specific property rules or necessary local clauses, offering landlords the flexibility to address unique aspects of their rental agreement.
• Lost Key Policy: Tenants bear the full cost of rekeying if they fail to return all keys after their tenancy ends.

Section 2 – North Carolina Specific Clauses

Section 2 is where the lease adheres to North Carolina-specific laws, but our Advanced Editor allows changes to be made with full disclosure that any edits may take you out of full compliance with state and/or local law and consultation with an attorney is advised.. Notable clauses within this section are:

• Late Fees (Section 2.1): Rent is expected on the 1st of the month, with a late fee applicable post 5:00 pm on the 5th day, calculated as the greater of 5% of the unpaid rent or $15.
• Security Deposit Provisions (Section 2.4): North Carolina law stipulates that security deposits may not exceed one and a half month’s rent for month-to-month tenancies and two months’ rent for longer terms. Landlords must disclose the banking details where the deposit is held and return the deposit within 30 days of tenancy termination.
• Damage Responsibility (Section 2.15): The agreement specifies that tenants are responsible for all accidental damages, providing additional protection for landlords.

Section 3 – General U.S. Landlord Clauses

The final section incorporates clauses that represent standard practices for lease agreements across the United States:

• Subletting (Section 3.1): Tenants require written permission from the landlord to sublease the property.
• Property Alterations (Section 3.2): Tenants must obtain written consent for any property alterations and ensure the property is returned to its original condition at the end of the lease, barring any agreed-upon changes.
• Choice of Law (Section 3.11): The rental agreement is governed and interpreted in accordance with North Carolina law, and both parties consent to the jurisdiction of the county courts where the property is located.
• Law Abidance (Section 3.14): Tenants must comply with all laws and ordinances and avoid disruptive behavior, with any violations potentially leading to lease termination.

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