Q: In North Carolina, must a lease agreement be in writing? 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.Yes. Standard Form 405-T ("Exclusive Right to Advertise Agreement") was released in July 2019 for just this kind of situation. For leases over a month, North Carolina law permits security deposits up to two months' rent. You should fill out the North Carolina apartment lease once you are ready to sign a lease contract. 1. Gather the required information about the lessor and lessee. The North Carolina landlord-tenant laws are explained in the North Carolina General Statutes (Chapter 42). North Carolina is not a community property state. The process of leasing your property begins with getting your prospective tenants to fill out the North Carolina rental application. The landlord can include terms in a lease so long as they do not conflict with North Carolina or federal law, or City ordinances.