A North Carolina lease agreement defines the rights and responsibilities of a landlord and the tenant who will rent their rental property. A North Carolina lease agreement represents an arrangement made between two (2) parties regarding the use of residential or commercial space.Create an attorneydrafted North Carolina lease agreement with stepbystep guidance. Download to PDF or MS Word. Our apartment lease agreement North Carolina template includes all state laws regarding rights, responsibilities, and procedures for tenants and landlords. Set the terms for renting property. 1. Gather the required information about the lessor and lessee. 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. This form is called Standard Form 410T. A North Carolina standard residential lease agreement is a fixed-term rental contract between a landlord and tenant.