Contracts
Under NC's Residential Rental Agreements Act, a residential lease for more than 1 year that is NOT in writing is:
AVoid
BConverted to a year-to-year tenancy by operation of law
CUnenforceable — North Carolina requires leases exceeding one year to be in writing✓ Correct
DBinding for up to 3 years
Explanation
NC's Statute of Frauds requires leases for more than 1 year (or 3 years in some interpretations) to be in writing to be enforceable. An oral lease for a period exceeding the applicable limit may be treated as a year-to-year or month-to-month tenancy.
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