Create a North Carolina Month to Month Lease Agreement with our customizable template!
A North Carolina month-to-month lease agreement is a short-term tenancy arrangement between the landlord and tenant. The rental agreement renews at the beginning of each month. It is flexible enough that either party may end it with proper notice or benefit the parties. The arrangement can be indefinite.
A month-to-month lease agreement must comply with North Carolina landlord-tenant laws. A month to month tenancy arrangement should include the same provisions as a fixed-term lease, including:
North Carolina month-to-month lease agreements are governed by Chapter 42 of the North Carolina General Statutes. §42-50 and 42-51 of North Carolina General Statutes explain security deposits. The security deposit may not be more than one and half month’s rent for a month-to-month rental agreement. The landlord is legally required to inform the tenant which FDIC-insured institution the security deposit is held in within 30 days of receiving the deposit from the tenant. The landlord may use the security deposit for:
Under §42-52, the landlord must return the security deposit within 30 days of the lease termination along with an itemized list of deductions.
Landlords and property managers should understand the state laws to ensure that their interest in the rental property is protected. Seek legal advice if you have questions.
According to §42-14, the notice period for a month-to-month period is seven days. A written notice is required in the State of North Carolina.
Download Word Template
Download PDF
Create Custom North Carolina Month to Month Lease Agreement
Word
PDF
