A North Carolina month-to-month rental agreement is a rental contract that renews monthly until either the landlord or tenant provides a notice to terminate. Month-to-Month Lease Agreement – Under North Carolina law, a tenant may terminate this type of tenancy with at least seven days' notice.MonthtoMonth Lease Agreement Also known as an "atwill" rental agreement, the tenant renews this lease with each monthly payment. Q: In North Carolina, must a lease agreement be in writing? Create a lawful and customizable North Carolina month-to-month lease agreement. Fill in and generate this legally binding lease contract with PandaDoc. A North Carolina monthtomonth lease agreement establishes a residential tenancy arrangement that renews every month. A North Carolina lease agreement represents an arrangement made between two (2) parties regarding the use of residential or commercial space. The process of leasing your property begins with getting your prospective tenants to fill out the North Carolina rental application. A North Carolina lease agreement is a rental contract where a landlord permits a tenant to live on a property in exchange for monthly rent.