Simple North Carolina Rental Agreement

Rentals in North Carolina are used by residential and commercial property owners who wish to rent to a tenant for monthly payments. The lessor will usually verify that the tenant is qualified to occupy the space by completing a rental application containing their credit and background information. In addition, the landlord can look for all proofs of work, previous tax returns, and former landlords who have had experience with the tenant. Once approved, the parties can sign the lease to bind each other to its terms. The limit imposed by the Land Government on the amount that an owner may prescribe to insure the property for occupancy differs for each category of contract (ยง 42-51): the following standard rental agreement describes a contract between “owner” Alan Timlin and “tenant” Lillie Yaeger. She agrees, as of June 01, 2017 monthly rental of a semi-detached house in Charleston for US$1,200 per month…