NORTH CAROLINA RESIDENTIAL LEASE AGREEMENT
THIS LEASE AGREEMENT (hereinafter referred to as the “Agreement”) made and entered into this ____________ day of
____________________________, 20____, by and between ______________________________________, whose address is
______________________________________________________________ (hereinafter referred to as “Landlord”) and
__________________________________________________________ (hereinafter referred to as “Tenant”).
W I T N E S S E T H :
WHEREAS, Landlord is the fee owner of certain real property being, lying and situated in ______________ County, North
Carolina, such real property having a street address of ____________________________________________________ (hereinafter
referred to as the “Premises”).
WHEREAS, Landlord desires to lease the Premises to Tenant upon the terms and conditions as contained herein; and
WHEREAS, Tenant desires to lease the Premises from Landlord on the terms and conditions as contained herein;
NOW, THEREFORE, for and in consideration of the covenants and obligations contained herein and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby agree as follows:
1. TERM. Landlord leases to Tenant, and Tenant leases from Landlord, the above described Premises together with any and all
appurtenances thereto, for a term of ______ year(s), such term beginning on __________________, and ending at 11:59 PM on
______________________.
2. RENT. The total rent for the term hereof is the sum of _________________________________________________________
___________________________ DOLLARS ($______________) payable on the ______ day of each month of the term, in equal
installments of _________________________________________________________ DOLLARS ($______________) first and
last installments to be paid upon the due execution of this Agreement, the second installment to be paid on
_______________________. All such payments shall be made to Landlord at Landlord’s address as set forth in the preamble to
this Agreement on or before the due date and without demand.
3. DAMAGE DEPOSIT. Upon the due execution of this Agreement, Tenant shall deposit with Landlord the sum of
_________________________________________________________ DOLLARS ($______________) receipt of which is
hereby acknowledged by Landlord, as security for any damage caused to the Premises during the term hereof. Such deposit shall
be returned to Tenant, without interest, and less any set off for damages to the Premises upon the termination of this Agreement.
4. USE OF PREMISES. The Premises shall be used and occupied by Tenant and Tenant’s immediate family, consisting of
___________________________________________________________________________________, exclusively, as a private
single family dwelling, and no part of the Premises shall be used at any time during the term of this Agreement by Tenant for the
purpose of carrying on any business, profession, or trade of any kind, or for any purpose other than as a private single family
dwelling. Tenant shall not allow any other person, other than Tenant’s immediate family or transient relatives and friends who
are guests of Tenant, to use or occupy the Premises without first obtaining Landlord’s written consent to such use. Tenant shall
comply with any and all laws, ordinances, rules and orders of any and all governmental or quasigovernmental authorities
affecting the cleanliness, use, occupancy and preservation of the Premises.
5. CONDITION OF PREMISES. Tenant stipulates, represents and warrants that Tenant has examined the Premises, and that they
are at the time of this Lease in good order, repair, and in a safe, clean and tenantable condition.
6. ASSIGNMENT AND SUBLETTING. Tenant shall not assign this Agreement, or sublet or grant any license to use the
Premises or any part thereof without the prior written consent of Landlord. A consent by Landlord to one such assignment, sub
letting or license shall not be deemed to be a consent to any subsequent assignment, subletting or license. An assignment, sub
letting or license without the prior written consent of Landlord or an assignment or subletting by operation of law shall be
absolutely null and void and shall, at Landlord’s option, terminate this Agreement.
7. ALTERATIONS AND IMPROVEMENTS. Tenant shall make no alterations to the buildings or improvements on the Premises
or construct any building or make any other improvements on the Premises without the prior written consent of Landlord. Any
and all alterations, changes, and/or improvements built, constructed or placed on the Premises by Tenant shall, unless otherwise
provided by written agreement between Landlord and Tenant, be and become the property of Landlord and remain on the
Premises at the expiration or earlier termination of this Agreement.
Tenant(s): ______, ______, ______, ______ Landlord(s) or Landlord’s Representative: ______, ______ Page 1 of 5