Charlotte and Winston Salem NC.  Carolina Living Strives to Be trustworthy and Ethical in all we do!

We thought you might like to see some of what the law covers with regard to Competency and what we strive for:

Competence in Property Management

In North Carolina, three separate statutes govern the rules for the conduct and practices of property management. These include the following.

• NC Residential Rental Agreements Act
• NC Security Deposit Act
• NC Vacation Rental Act – We do not handle Vacation Rentals at this point.

Because these laws are state statutes and not NC Real Estate Commission rules, they must be followed by everyone who leases property in North Carolina.

NC Residential Rental Agreements Act

In general, the lease agreement between a landlord and tenant establishes the guidelines of their relationship. However, the following items listed in the North Carolina Residential Rental Agreement Act take president over the terms that may be included in a lease.

What the Landlord Is Required to Do

• Maintain facilities
• Comply with building codes
• Keep common areas safe
• Keep premises in safe and habitable condition

What the Tenant Is Required to Do

• Keep the occupied premises clean and safe
• Dispose of trash and waste in a safe manner
• Keep plumbing fixtures clean
• Not deliberately or negligently cause damage to the premises or tamper with smoke detectors
• Comply with applicable building codes
• Be responsible for damage inside the premises
• Notify the landlord of issues with the smoke detectors
• Pay rent according to the terms of the lease and pay a late payment fee when late

What Happens If a Dispute Arises?

• Abandonment of lease if the procedures outlined in the lease agreement are followed
• Early termination by military personnel if there is a hardship
• Small claims court if the landlord and tenant cannot settle their differences on their own
• Eviction by court order through a process called summary ejectment

The act also covers security deposits, a landlord’s obligations during the lease and at the end of the lease, and issues related to normal wear and tear.

Contact us if you need more information.   We stay up to date on the laws.