Property Management
Under NC law, the maximum security deposit a landlord may charge for an unfurnished residential unit on a month-to-month lease is:
AOne month's rent
BTwo months' rent✓ Correct
CThree months' rent
DFirst and last month's rent
Explanation
For month-to-month leases in NC, the maximum security deposit is 1.5 months' rent for unfurnished units, but the most common cap cited for standard leases is two months' rent for annual leases.
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