Learn when and how tenants may legally break a lease in North Carolina and how to limit liability for rent through the end of the lease term. 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.A North Carolina lease agreement defines the rights and responsibilities of a landlord and the tenant who will rent their rental property. Aptiv is a global technology company that develops safer, greener and more connected solutions, which enable the future of mobility. Looking to partner, collaborate, or explore our solutions?