§ 42A-31 – Landlord to provide fit premises.
42A-31. Landlord to provide fit premises. A landlord of a residential property used for a vacation rental shall: (1) Comply with all current applicable building and housing codes to the extent required by the operation of the codes. However, no new requirement is imposed if a structure is exempt from a current building or housing […]
§ 42A-16 – Advance payments uses.
42A-16. Advance payments uses. (a) A landlord or real estate broker shall not disburse prior to the occupancy of the property by the tenant an amount greater than fifty percent (50%) of the total rent except as permitted pursuant to this subsection. A landlord or real estate broker may disburse prior to the occupancy of […]
§ 42A-17 – Accounting; reimbursement.
42A-17. Accounting; reimbursement. (a) A vacation rental agreement shall identify the name and address of the federally insured depository institution or trust institution in which the tenant’s security deposit and other advance payments are held in a trust account, and the landlord and real estate broker shall provide the tenant with an accounting of such […]
§ 42A-18 – Applicability of the Residential Tenant Security Deposit Act.
42A-18. Applicability of the Residential Tenant Security Deposit Act. (a) Except as may otherwise be provided in this Chapter, all funds collected from a tenant and not identified in the vacation rental agreement as occupancy or sales taxes, fees, or rent payments shall be considered a tenant security deposit and shall be subject to the […]
§ 42A-1 – Title.
42A-1. Title. This Chapter shall be known as the North Carolina Vacation Rental Act. (1999-420, s. 1.)
§ 42A-2 – Purpose and scope of act.
42A-2. Purpose and scope of act. The General Assembly finds that the growth of the tourism industry in North Carolina has led to a greatly expanded market of privately owned residences that are rented to tourists for vacation, leisure, and recreational purposes. Rental transactions conducted by the owners of these residences or licensed real estate […]
§ 42A-3 – Application; exemptions.
42A-3. Application; exemptions. (a) The provisions of this Chapter shall apply to any person, partnership, corporation, limited liability company, association, or other business entity who acts as a landlord or real estate broker engaged in the rental or management of residential property for vacation rental as defined in this Chapter. The provisions of G.S. 160A-424 […]
§ 42A-4 – Definitions.
42A-4. Definitions. The following definitions apply in this Chapter: (1) Advanced payments. – All payments made by a tenant in a vacation rental agreement to a landlord or the landlord’s real estate broker prior to occupancy for the purpose of renting a vacation rental property for a future period of time as specified in the […]
§ 42A-10 – Written agreement required.
42A-10. Written agreement required. (a) A landlord or real estate broker and tenant shall execute a vacation rental agreement for all vacation rentals subject to the provisions of this Chapter. No vacation rental agreement shall be valid and enforceable unless the tenant has accepted the agreement as evidenced by one of the following: (1) The […]
§ 42A-11 – Vacation rental agreements.
42A-11. Vacation rental agreements. (a) A vacation rental agreement executed under this Chapter shall contain the following notice on its face which shall be set forth in a clear and conspicuous manner that distinguishes it from other provisions of the agreement: "THIS IS A VACATION RENTAL AGREEMENT UNDER THE NORTH CAROLINA VACATION RENTAL ACT. THE […]