This lease clause states that the landlord and the tenant agree that the lease [sublease] is modified, and illustrates the terms and conditions of the modifications of the lease.
This lease clause states that the landlord and the tenant agree that the lease [sublease] is modified, and illustrates the terms and conditions of the modifications of the lease.
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§ 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.
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.
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.
North Carolina law says that your landlord must keep your housing fit and safe. It also says that you, the tenant, must pay your rent, keep your home clean, and not damage your home. To make the law work, both the tenant and the landlord must do their part.
Tenant to maintain dwelling unit. (a) The tenant shall: (1) Keep that part of the premises that the tenant occupies and uses as clean and safe as the conditions of the premises permit and cause no unsafe or unsanitary conditions in the common areas and remainder of the premises that the tenant uses.
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.
The Residential Rental Agreements Act is set out in G.S. Chapter 42, Sections 38 to 44. This law, which was passed in 1977, re-wrote the common law to provide that landlords must maintain residential rental premises to be fit to live in, and to make clear that a tenant's right to such housing cannot be waived.
A "holdover tenant" is one who, without the consent of the landlord, remains in possession of the premises after the expiration of the lease. (N.C. Gen. Stat. § 42-26.)