Strike sentence in the NC Lease Agreement

Aug 6th, 2022
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The North Carolina Office of Administrative Hearings and the Fair Housing Act prohibit landlords from discriminating against potential tenants because of their race, religion, familial status, sex, gender, etc.
This is, however, not the case with a month-to-month agreement. Any party can terminate it as long as they have provided the other party with proper notice. In North Carolina, youll need to provide your tenant with a Notice to Vacate to end a month-to-month agreement.
So the basic laws in NC only require 30 days notice for a year long lease, however most leases for apartments do state in their leases that 60 days notice is required.
A North Carolina standard residential lease agreement is a fixed-term rental contract between a landlord and tenant. The tenant will pay rent on a monthly basis to the landlord to use the residential space until the end date stated in the lease.
An early lease termination clause exists. The penalty could be the equivalent of 2 months rent. If the monthly rent is $1,500, you could require tenants to pay a penalty of $3,000 when looking to terminate their lease. Also, you may want tenants using this clause to provide you sufficient notice.
The penalty could be the equivalent of 2 months rent. If the monthly rent is $1,500, you could require tenants to pay a penalty of $3,000 when looking to terminate their lease.
Even if theres an Early Termination clause in the lease agreement, the tenant may want to negotiate with their landlord to see if they can come up with a mutual termination agreement. If both the landlord and tenant agree on a mutual termination, they must get everything in writing and then sign the document.
Breaking a lease, for whatever reason, will not automatically result in a derogatory mark on your credit history. Potential credit problems arise when any incurred debt isnt repaid to the landlord, prompting the landlord to turn the account over to a collections agency.

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