This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
North Carolina Extension of Primary Term of the Lease
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Multi-State
Control #:
US-OG-793
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Word;
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How to fill out Extension Of Primary Term Of The Lease?
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FAQ
The North Carolina Office of Administrative Hearings and the Fair Housing Act prohibit landlords from discriminating against potential tenants because of their race, religion, familial status, sex, gender, etc.
A "holdover tenant" is one who, without the consent of the landlord, remains in possession of the premises after the expiration of the lease. (N.C. Gen. Stat. § 42-26.)
Here are the justified reasons for early lease termination in the state: Active Military Duty. ... Uninhabitable Conditions. ... Domestic or Sexual Violence. ... Early Termination Clause. ... Landlord Harassment or Privacy Violation. ... Mental or Physical Disability. ... Landlord Retaliation.
In the state of North Carolina, the lease statute allows a property owner to include an automatic renewal clause in the lease. If neither the landlord nor renter issues a notice to terminate a lease, it can be converted into a month-to-month arrangement under North Carolina provisions.
When Can Tenants in North Carolina Break Their Leases? An early lease termination clause exists. ... Your tenant is beginning active military duty. ... The unit violates North Carolina health or safety codes. ... You have harassed or violated your tenant's privacy rights. ... The tenant is a victim of domestic violence.
The North Carolina Notice to Vacate could be given in the form of a 30 Day Notice to Vacate, 60 Day Notice to Vacate, or a 90 Day Notice to Vacate, depending on the circumstances. The notice period required is typically defined in the rental lease terms.
For month-to-month leases, there must be seven days of notice. For year-to-year leases or those with other definite terms, landlords must notify the tenant, or vice versa, within a month of the end of the lease. On leases lasting between one week and one month, notice must be given at least two days in advance.
In case of lack of fulfillment by one of the parties of his obligations to the stated conditions in this agreement, this agreement might be terminated by the initiative of the other party.