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Rental Requirements Include : Provide complete Employment Verification. Credit Check will be preformed. Criminal Background Check will be preformed. Proof of Renter's Insurance - $300,000 liability coverage is REQUIRED.
Often, the terms ?lease agreement? and ?rental agreement? are used interchangeably to mean the same thing.
Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.
Does a Lease have to be notarized in North Carolina? No. To be legally binding, a North Carolina Lease Agreement just needs to be signed by both parties. This means as long as the Landlord, or Lessor, and Tenant, or Lessee, have signed it, it is fully executed and legally binding.
A North Carolina standard residential lease agreement is a fixed-term rental contract between a landlord and tenant. The tenant will pay rent on a monthly basis to the landlord to use the residential space until the end date stated in the lease.