Charlotte North Carolina Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Nonresidential or Commercial Property

State:
North Carolina
City:
Charlotte
Control #:
NC-1305LT
Format:
Word; 
Rich Text
Instant download

Description

This Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Non-Residential or Commercial Property means that no notice is required to terminate a lease which ends at a specific date. Example: "This lease begins on January 1, 2005 and ends on January 1, 2006". However, Landlords and Tenants routinely renew such leases. This form is for use by a Landlord to inform the Tenant that the lease will not be renewed at the end of the specific term and to be prepared to vacate at the end of the lease term.

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FAQ

In the state of North Carolina, the lease statute allows a property owner to include an automatic renewal clause in the lease. If neither the landlord nor renter issues a notice to terminate a lease, it can be converted into a month-to-month arrangement under North Carolina provisions.

Although business tenants generally have the right to renew the tenancy of their premises when it comes to an end, landlords can refuse to grant a new tenancy in some cases.

Generally (with a few notable exceptions, below), landlords and tenants do not have to give a reason for choosing not to renew a lease.

You had a contract for the term of the lease and there's no obligation to continue past the stated date. There's also no obligation for you to stay if you want to move at the end of the lease. But if your landlord doesn't renew, you'll have to move. If you're a reliable renter, most landlords want to renew the lease.

In North Carolina, a landlord must not terminate or refuse to renew a lease within the preceding 12 months, to a tenant who has filed an official complaint to a Government Authority, been involved in a tenant's organization, made a good faith complaint, or exercised a legal right. Other actions are prohibited.

The landlord must provide such written notice to the tenant within 15 days before the start of the notification period contained in the lease. The written notice shall list all fees, penalties, and other charges applicable to the tenant under this subsection.

In North Carolina, a tenant is not required to provide notice for fixed end date leases. North Carolina tenants must provide written notice for the following lease term (NCGS § 42-14): Notice to Terminate a Week-to-Week Lease. 2 days written notice.

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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Charlotte North Carolina Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Nonresidential or Commercial Property