Rental Agreement

A simple, easy to understand rental agreement for North Carolina.

Owner/Landlord: owner/landlord name Address/Premises: address/premises
Manger: manager name Manager Phone: manager phone
Tenant: tenant name Tenant Space: tenant space
Emergency Contact: emergency contact Emergency Phone: emergency phone
Common Areas: common areas Prohibited Areas: prohibited areas
Start Date: start date End Date: end date
Monthly Rent:

$500.00
(due the 1st of each month)

Security Deposit: $200.00
(due with 1st rent payment)
Late Rent Fee: $25.00
(incurred the 11th of each month)
Returned Check Fee: $25.00
(non-refundable)

Agreement

This agreement gives Tenant the right to occupy Tenant Space at Address/Premises in exchange for payment of Rent from Start Date until End Date (if provided), or until the Tenant’s occupancy is terminated under the terms of this agreement. Manager, Owner/Landlord, and Tenant agree to observe the terms and conditions of this agreement.

Rent and Payment

Tenant agrees to pay rent for the first month (prorated) and second month on or before Start Date, or at the signing of this agreement. Rent is due on or before the first day of each following month. If Rent payment is received after the tenth day of the month, the Tenant will incur the Late Fee. The last month of rent will be prorated if it does not cover an entire month.

Rent payment must be paid by cash, money order, cashier's check, Amazon Payments, or PayPal (bank accounts only). Personal checks are accepted, but any Returned Check Fee incurred will be the responsibility of the Tenant. If a check is returned after the rent due date, the Late Fee will also incur.

Rent will not be accepted unless paid in full, including any incurred fees.

Security Deposit

Tenant agrees to pay the Security Deposit on or before the State Date or at the signing of this agreement. Deposit will be held at bank name located at bank address for the length of this agreement.

Upon termination of this agreement, the Security Deposit will be refunded in accordance with the Tenant Security Deposit Act. Any unpaid rent, fees, court costs, and/or damages will be deducted from the Security Deposit. Any remainder of the Security Deposit will be refunded to the Tenant within thirty (30) days of this agreement being terminated, along with an itemized statement of any deductions.

If the initial Security Deposit is not sufficient to cover any unpaid rent, fees, court costs, and/or damages, the Tenant will be held liable for the remaining balance.

Utilities and Amenities

Rent includes access to/use of central heating and cooling, hot and cold water, electricity, and recycling and waste services. Gas and wood heating are available for emergency use only. Excessive personal use of electricity on a continuous basis will be investigated and addressed, and may result in Agreement termination.

Manager, Owner/Landlord, and Tenant will have access to/use of all appliances, fixtures, and furniture in the Common Areas (excluding laptops and other portable appliances) and associated accessories (pots and pans, cables, etc.) regardless of owner, unless restrictions are communicated verbally or through the use of a commonly agreed upon system.

Standard wired and wireless shared internet access is provided at no additional cost, with access granted on Start Date. Any upgraded internet, premium television, and/or cable services must be approved by Manager or Owner/Landlord and would require an increase in the Rent and the signing of a revised Agreement.

Common and Prohibited Areas

Manager and Owner/Landlord agrees to not enter Tenant Spaces without the consent of the Tenant, unless for maintenance or medical emergency. Conversely, Tenant may not enter Prohibited Areas without the consent of Manager or Owner/Landlord.

Areas of Address/Premises not designated as Tenant Space, Common Areas, or Prohibited Areas will be accessible to Tenant, but Tenant may not leave personal belongings in these areas and has no implicit right to use any possessions of Manager or Owner/Landlord kept in these areas.

Alterations and Modifications

Tenant agrees to not alter, modify, or otherwise change Tenant Spaces or Common Areas. This includes, but is not limited to painting, remodeling, and "fixing" unless otherwise granted permission by Manager or Owner/Landlord.

Animal and Pet Policy

Tenant agrees to not keep or allow anywhere on or about the premises any animals or pets of any kind, including, but not limited to cats, dogs, rodents, birds, and reptiles unless otherwise granted permission by Manager or Owner/Landlord prior to pet occupying Address/Premises.

Tenant Obligations

Tenant, Manager, and Owner/Landlord will keep Common Areas reasonably clean and orderly. Trash must be deposed of properly in designated receptacles on a regular basis. Responsibility for vacuuming and cleaning Common Areas will be shared.

Tenant, Manager, and Owner/Landlord will make a good faith effort to address any concerns by the other party about the neatness or cleanliness of Common Areas.

Any behavior that disrupts or disturbs Manager, Owner/Landlord, other tenants, and/or neighbors will not be tolerated. This includes any unlawful actions and/or violations of local ordinances.

Smoking and illegal drug use is prohibited at all times on Address/Premises.

Renters Insurance

While it is not required, renters insurance is highly recommended in order for your personal possessions to be covered in case of disaster. Coverage and benefits may vary based on your plan and provider.

Subletting/Subleasing

The Tenant will not assign this lease or sublet/sublease the Address/Premises in any way.

Renewal and Termination

This agreement does not automatically renew; a new agreement must be signed by Owner/Landlord and Tenant before End Date. Renewal must be made by Tenant no later than End Date. If a new agreement is not signed before End Date, Owner/Landlord will give ten (10) day written notice to sign a new agreement or vacate. If neither occurs, eviction will be filed on the day after written notice is given.

Owner/Landlord or Tenant may terminate this agreement at any time by giving thirty (30) days written notice. Such a decision by either party to end the occupancy will not require justification and will not be open to challenge.

Upon termination of this Agreement, whether by Manager, Owner/Landlord, or Tenant, Tenant will:

  1. Pay any balances still remaining on the account so that the account balance is zero.
  2. Vacate the Address/Premises and remove all Tenant's personal property.
  3. Properly sweep, vacuum, and clean the Address/Premises, including by not limited to, the refrigerator, stoves, sinks, and any fixtures or appliances used by Tenant.
  4. Remove all trash and garbage from the Address/Premises and properly dispose of it.
  5. Make any repairs necessary, excluding normal wear and tear, to return the Address/Premises to same condition as when Tenant took possession.
  6. Return all keys to Manager or Owner/Landlord.
  7. Notify Manager or Owner/Landlord of the Address/Premises to which the balance of the Security Deposit may be returned.

Sign and Date

This Agreement contains the entire agreement of the parties on the respective dates below. By signing this agreement, the Tenant acknowledges having read and agreed to all of its provisions, including the checklist of pre-existing conditions and damages. Any additional agreements or amendments to this agreement between Tenant and Owner/Landlord will not be considered binding unless it is in writing and signed by all parties.

Tenant Signature: tenant sign Date: tenant date
Manager Signature: manager sign Date: manager date
Owner/Landlord Signature: owner/landlord sign Date: owner/landlord date

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