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North Carolina rental laws outline rules regarding lease agreements and eviction processes. A standard lease, typically lasting one year, details the terms between a landlord and tenant for renting property and is the most common rental contract. In contrast, a month-to-month lease, or at-will tenancy, automatically renews each month and can be terminated by either party with a minimum of seven days' notice. North Carolina law mandates specific disclosures in leases, including requirements around security deposits; landlords must inform tenants where the funds are held within 30 days of lease acceptance.
