North Carolina Vacation Landlord Tenant Act

Keep yourself informed and educated on the North Carolina Vacation Landlord Tenant Laws with this informational document.

Document Last Modified: 10/5/2018

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State-Specific

You have a beautiful home you want to rent out in the Outer banks. Make sure that you are informed as an owner landlord or agent BEFORE you do. There are not many states that instill heavy regulations regarding vacation rentals, but North Carolina IS one of them. In North Carolina, a vacation home is one that is defined as “a rental property rented out for recreational purposes for less than ninety days”. This pertains to homes, condominiums, apartments, rooms, townhouses and the like. It is important to know that a WRITTEN agreement is required to rent out a vacation property.

Specific text is required in the lease and Ez Landlord Forms contains the required text. Every agreement must also specify how money is going to be received, deposited and returned when applicable. This also should be spelled out ahead of time even before the lease is signed. Ez Landlord Forms provides a document for this as well; the “Booking Reservation Confirmation Invoice and Receipt”, a completely editable form.

Similar to residential leasing, generally vacation landlords also will collect security deposits to be sure that the property is not defaced or ruined by any vacationers. It is important to know the regulations on how to handle the damage or security deposit and this informative document provides all of the laws surrounding security deposits from accepting them to returning them.

Did you know that the owner of a vacation rental property must meet certain maintenance criteria? Always be in the know with this North Carolina Landlord Tenant Act in hand.

As you can see this is a must read if you have a vacation rental unit, whether it be a condo on the beach or a cottage on the bay. Protecting your investment is a must with a good vacation lease agreement and plenty of knowledge.

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