North Carolina Termination of Lease As to Part of Lands

State:
Multi-State
Control #:
US-OG-834
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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FAQ

In case of lack of fulfillment by one of the parties of his obligations to the stated conditions in this agreement, this agreement might be terminated by the initiative of the other party.

Here are the justified reasons for early lease termination in the state: Active Military Duty. ... Uninhabitable Conditions. ... Domestic or Sexual Violence. ... Early Termination Clause. ... Landlord Harassment or Privacy Violation. ... Mental or Physical Disability. ... Landlord Retaliation.

When are Tenants Legally Justified to Break the Lease? The tenant is beginning active military duty. ... The agreement contains an early termination clause. ... The tenant is a victim of domestic violence. ... You are harassing your tenant or violating their privacy. ... Failing to provide your tenant a habitable unit.

§ 42-14. A tenancy from year to year may be terminated by a notice to quit given one month or more before the end of the current year of the tenancy; a tenancy from month to month by a like notice of seven days; a tenancy from week to week, of two days.

But breaking a lease can still affect your credit if it results in unpaid debt. Whether it be damage fees, termination fees, back rent, or current rent that you're still liable for, landlords can report that debt to collection agencies, who may then report that unpaid debt to the credit bureaus.

The North Carolina Notice to Vacate could be given in the form of a 30 Day Notice to Vacate, 60 Day Notice to Vacate, or a 90 Day Notice to Vacate, depending on the circumstances. The notice period required is typically defined in the rental lease terms.

Generally, if the leased premises are taken by government power or eminent domain, the lease will be terminated as of the date of taking (unless the lease specifically provides otherwise), and the tenant's obligation to pay rent would cease.

The good news is, most standard lease agreements will include a lease termination due to sale clause ? usually different conditions for the tenant and the landlord ? and by default, this gives the landlord the ability to terminate the lease as long as they can give a notice to the tenant a set amount of time before ...

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North Carolina Termination of Lease As to Part of Lands