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Contents of a rental agreement Names of the landlord and tenant and/or their agents. Description of the property. Amount of rent and due dates for payment, grace period, late charges. Mode of rent payment. Methods to terminate the agreement prior to the expiration date and charges if any.
The Residential Rental Agreements Act is set out in G.S. Chapter 42, Sections 38 to 44. This law, which was passed in 1977, re-wrote the common law to provide that landlords must maintain residential rental premises to be fit to live in, and to make clear that a tenant's right to such housing cannot be waived.
Unless otherwise agreed in writing by both parties, either FO or You may end this Agreement at any time by giving the other party written Notice. The date on which the Agreement will end (the Termination Date) must be at least the number of days indicated on the cover sheet.
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