Bill Summary for S 244 (2023-2024)
Mar 8 2023
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AN ACT TO REQUIRE NEW LANDLORDS TO PROVIDE CURRENT TENANTS WITH SIXTY DAYS' WRITTEN NOTICE TO VACATE BEFORE TERMINATING A TENANCY AND TO PROVIDE CURRENT TENANTS WITH SIXTY DAYS' WRITTEN NOTICE OF RENT INCREASE WITH THE OPTION TO VACATE THE PROPERTY WITHIN SIXTY DAYS IF THE CURRENT TENANT REJECTS THE RENT INCREASE.Intro. by Smith, Applewhite.
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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.