Non-renewal Of Rental Agreement
Description
How to fill out North Carolina Amendment To Lease Or Rental Agreement?
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FAQ
B. Upon the expiration of a rental agreement, the agreement shall be automatically renewed for a term of one year with the same terms unless the landlord provides written notice to the tenant of any change in the terms of the agreement at least 60 days prior to the expiration date.
A renewal option is common in business and rental lease agreements. A renewal option allows for a lease to apply to a specified time period, but the lease can be extended for another term if agreed upon by the participating parties.
For tenancies 6 months-3 years, must give 60 days notice or tenant can stay for 60 days. For tenancies over 3 years, must give 120 days notice or tenant can stay for 120 days.)
Generally, a landlord can terminate a lease without reason at the expiration of the lease term. That means your landlord is under no obligation to renew your lease or allow you to stay on the property for additional time unless you are able to invoke an anti-retaliation law.
Landlord must give notice to terminate the tenancy: For one year or longer: 90 days. For six months to less than one year: 28 days. For one month to less than six months: seven days.
