Enacts new GS 42-14.1A providing as follows. Specifies that unless a lease otherwise provides, requires in residential tenancies from month-to-month or week-to-week, or tenancies were a tenant holds over after the initial lease expires, that new residential property landlords to give current tenants written notice to vacate at least 60 day before terminating the lease. Also requires new residential property landlords to give current tenants written notice of a rent increase at least 60 days before the rent increase becomes effective. If the tenant rejects the rent increase, the tenant has the option to terminate the residential lease agreement and vacate within 60 days.