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North Carolina General Statutes 47G-1 through 47G-7 govern the rent-to-own, or ?option contract? law. There are minimum contract requirements that must be present before the rent-to-own lease agreement is considered valid.
Tenants can use the North Carolina Tenant Notice to Vacate Form to inform landlords and property managers of their intention to vacate the rental property at least 30 days before they intend to move out, or longer if required by the terms of their North Carolina Lease Agreement.
For month-to-month leases, there must be seven days of notice. For year-to-year leases or those with other definite terms, landlords must notify the tenant, or vice versa, within a month of the end of the lease. On leases lasting between one week and one month, notice must be given at least two days in advance.
A North Carolina month-to-month rental agreement is a rental contract with no end date between the landlord and a tenant. The end date is determined by either the landlord or tenant by providing notice to terminate.
Repairing and maintaining the rental unit is part of your duty as a landlord. This ranges from the electrical, heating, and plumbing systems to appliances, roofs, walls, windows, doors, lighting, locks, patios, pools, and so on.