Residential Lease Agreement in North Carolina

North Carolina Requirements

• Security deposit limited to 2 months' rent for month-to-month, 1.5 months for terms over 2 months
• Deposit must be held in a trust account at a licensed North Carolina bank or with a licensed insurance company bond
• Tenant must be notified of the bank name and address where the deposit is held within 30 days
• No statewide rent control
• Landlord must maintain the premises in a fit and habitable condition (implied warranty of habitability)

How to Complete This Form

1. 1Identify the landlord (or property management company) and all tenants by full legal name.
2. 2Describe the rental property, including the address and any included amenities or parking.
3. 3Specify the lease term (start date, end date, and renewal terms) and monthly rent amount.
4. 4State the security deposit amount and the conditions for its return.
5. 5Include all required state and local disclosures (lead paint, mold, bed bugs, etc.).
6. 6Outline the responsibilities of both landlord and tenant regarding maintenance, repairs, and utilities.
7. 7Have all parties sign and date the lease, and provide each party with a copy.

Residential Lease Agreement in Other States

Other Forms in North Carolina