North Carolina Lease Agreement Template
This North Carolina Lease Agreement is entered into on the ___ day of ________________, 20__, by and between _________________ ("Landlord") and _________________ ("Tenant"). The premises leased are located at ______________________________________ ("Premises"). This agreement is subject to the North Carolina Residential Rental Agreements Act.
Lease Terms
The lease begins on _________________ and ends on _________________, unless earlier terminated in accordance with this agreement or applicable law.
Rent
Rent shall be $__________ per month, due and payable on the first day of each month during the term of this lease. The first month's rent is due upon signing of this agreement. Rent shall be paid to the Landlord at the following address: ______________________________________. Late fees, if any, are subject to the terms outlined herein and to the maximum allowed under North Carolina law.
Security Deposit
A security deposit of $__________ is required at the time of lease signing and shall be returned to the Tenant within 30 days of lease termination, subject to the condition of the Premises and less any costs for repair not attributed to normal wear and tear.
Utilities and Services
Responsibility for utilities and services is as follows:
- Electricity: _________________
- Water: _________________
- Sewer: _________________
- Garbage: _________________
- Other: _________________
Maintenance and Repairs
Responsibilities for maintenance and repairs are divided as follows:
- Tenant is responsible for minor repairs and maintenance up to $__________.
- Landlord is responsible for major repairs and maintenance beyond the scope and cost responsibilities of the Tenant.
Use of Premises
The Premises shall be used solely for residential purposes and no illegal activities are permitted on the property. Any violation of this provision may result in immediate termination of this lease.
Termination
Either party may terminate this lease with a written notice of __________ days in accordance with North Carolina law. Early termination conditions, if any, are as mutually agreed upon and documented herein.
Signatures
By signing below, both the Landlord and Tenant agree to the terms and conditions of this North Carolina Lease Agreement.
Landlord's Signature: _________________ Date: _________________
Tenant's Signature: _________________ Date: _________________