North Carolina Commercial Lease Modification Agreement

State:
Multi-State
Control #:
US-OL18022
Format:
Word; 
PDF
Instant download

Description

This office lease agreement fully embodies the terms and conditions of the agreement between the parties for the modification [and extension] of the Lease. Any modification, rescission, termination, extension, or waiver of this agreement or any provision made shall not be valid or enforceable unless it is in a writing signed by all parties.

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FAQ

When Do Tenants Need to Give a 30-day Notice in North Carolina? They need to provide a 30-day notice if they want to end a yearly lease with no specified end date. However, they can provide more notice if they want.

§ 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.

Do business leases need to be notarized in North Carolina? No, leases don't have to be notarized to be legally binding in North Carolina. However, many prefer this.

It's not mandatory by law to get leases notarized here, but some people may choose to do it just in case.

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.

No, leases don't have to be notarized to be legally binding in North Carolina. However, many prefer this.

A note about lease terms ing to North Carolina G.S. § 47-18, a tenant who is leasing space for a term of more than three years should ensure that a memorandum of lease be executed and recorded in the office of the register of deeds in the county where the property is located.

A modification of lease, also called a lease amendment or lease modification, is an agreement that formally changes the original terms and conditions of a lease. It allows the parties to agree to changes without having to sign an entirely new lease.

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North Carolina Commercial Lease Modification Agreement