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January 2020 Archives

Leases may have flexible or fixed lengths

Those who want to rent property in North Carolina will likely need to sign a lease. Leases may either come with a fixed term or be renewed on a monthly basis. If the lease does not have a fixed term, it can be changed or terminated at any time by the tenant or landlord. A tenant who chooses to terminate a written lease must notify the landlord before moving out in accordance with the lease. Typically, 30 or 60 days' notice is required for either party to terminate the lease after the end of the initial lease term.

What a security deposit can be used for

It isn't uncommon for North Carolina landlords to require a security deposit in addition to the first month's rent before a tenant takes possession of a property. In most cases, the security deposit is meant to pay for any damage that the tenant may cause. However, it is possible that the security deposit will be used to pay any remaining unpaid rent owed during the lease. If the unpaid rent and damages to the property exceed the deposit, then the landlord may charge the tenant additional costs for repairs over and above the security deposit.

Language commonly included in residential leases

Those who rent houses or apartments in North Carolina will likely need to sign a lease. While an agreement may be customized to some degree, certain clauses must generally be included in any lease. For example, the names of everyone who is a party to the agreement must be listed on the document itself. It should also say how long the agreement lasts and how much a tenant will pay the landlord each month.

Strategies to resolve legal issues with a construction project

Construction projects can be complicated. For North Carolina residents and businesses who hire a contractor or construction company, a disagreement can be costly and time-consuming. Regardless of whether it is the contractor or the property owner who needs legal help, it is important to understand how these problems come about and what can be done to settle them.

Creating a complete estate plan

As much as you may wish for a happy New Year, you know you cannot predict what the future will hold. You may make resolutions and plans for the days ahead, but an accident, sudden illness or devastating diagnosis can quickly complicate your intentions.

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Triangle Law Group

Triangle Law Group
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Raleigh, NC 27612

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