A North Carolina lease agreement is a legally binding document that outlines the terms and conditions of a rental agreement between a landlord and a tenant. It is a binding agreement.It is customary to send a tenant a lease renewal offer within 90 days of the current lease end date. (2). "Premises" means a dwelling unit, including mobile homes or mobile home spaces, and the structure of which it is a part and facilities and appurtenances therein and grounds, areas, and facilities normally held out for the use of residential tenants. (3). You've agreed to rent. This Lease Contract is between the resident(s) and the owner: Date of Lease Contract: (when the Lease Contract is filled out). When someone acquires a lease, they have the rights of occupancy or limited ownership, but are not afforded certain other rights of ownership. One of your primary responsibilities is to pay rent on time as specified in the lease agreement. Q: In North Carolina, must a lease agreement be in writing? A North Carolina rental application is a form that prospective renters use to apply for a rental property.