Rental Application – The Landlord can request a rental application from Tenants to verify the financial credentials. Once approved, both parties can sign the lease.
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Standard Residential Lease Agreement
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Simple (1-Page) Lease Agreement
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Most Recent US Home Facts
- Population (2023): 334,914,895
- Median Households (2022): 125,736,353
- Median Household Income (2022): $75,149
- Owner-occupied Households (2022): 64.8%
Source: U.S. Census Bureau
Required Disclosure Forms
Security Deposit Requirements
Maximum – 1 1/2 months rent.
Returning to Tenant – 30 days of the lease end date and the Landlord must Tenants an itemized list of deductions.
Source: § 42-51(b)
Paying Rent and Late Rent Fees
Grace Period – Five day grace period.
Maximum Late Fee – 15% of the rent amount.
NSF Fee – $35 per bounced rent check.
Source: § 42-46(a)(1)
Landlord Entry Notices
Landlords should give Tenants a notice of at lease 24-hours (1 day) before entering the rented property for any non-emergency purpose although this is not mandated by North Carolina laws.
North Caroline Real Estate Commission
For any other questions you may have, refer to the North Carolina Real Estate Commission website.
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