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North Carolina rental laws outline the rules related to lease agreements and eviction processes. A standard lease, typically lasting one year, defines terms between the landlord and tenant. In contrast, a month-to-month lease, also known as at-will tenancy, automatically renews each month and can be terminated by either party with a minimum of seven days' notice. Additionally, landlords are required to disclose information about the security deposit, including where the funds are held, within 30 days of lease acceptance. These regulations ensure clarity and fairness in rental transactions in North Carolina.