North Carolina Appointment of Agent to Receive Rentals by Lessor

State:
Multi-State
Control #:
US-OG-190
Format:
Word; 
Rich Text
Instant download

Description

This form is used by the Lessor to appoint an Agent, as Lessor's Agent and Attorney in Fact to receive, collect, issue receipts for, and execute division orders for all payments of rentals which may be paid to Lessor under the terms of an Oil and Gas Lease.

How to fill out Appointment Of Agent To Receive Rentals By Lessor?

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FAQ

Any party can terminate it as long as they have provided the other party with proper notice. In North Carolina, you'll need to provide your tenant with a ?Notice to Vacate? to end a month-to-month agreement. State law requires that you provide your tenant no less than 30 days' notice for termination.

A landlord can't force you to move out before the lease ends, unless you fail to pay the rent or violate another significant term, such as repeatedly throwing large and noisy parties. In these cases, landlords in North Carolina must follow specific procedures to end the tenancy.

No, landlords cannot evict tenants for no reason. Acceptable reasons for eviction include staying on the property after the lease ends, not paying rent, breaching the lease terms, and criminal activity, such as drug trafficking. The eviction process in NC must always start with an eviction notice.

How to Evict Step 1 ? Send an Eviction Notice to Tenant. Non-Compliance. Month to Month. ... Step 2 ? Wait to Hear from the Tenant. Step 3 ? File in Court. Filing Fee. Step 4 ? Serve the Tenant. Step 5 ? Appear in Court. Judgment for Possession. ... Step 6 ? File for a Writ of Restitution. Step 7 ? Repossess the Property.

Month-to-Month Leases - A maximum of 1.5 months' rent. If the lease rent payments' frequency is higher than a month-to-month one, the security deposit value may be up to two months' rent. Keep in mind that it's prohibited by law in North Carolina for a security deposit to be higher than two months' rent.

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.

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North Carolina Appointment of Agent to Receive Rentals by Lessor