Property ManagementIntermediateNorth Carolina Exam

Under NC's Tenant Security Deposit Act, a landlord may NOT deduct from the security deposit for:

ACost of cleaning a unit the tenant left filthy
BCosts caused by the tenant's negligence
CProperty tax increases during the tenancyCorrect
DCosts to re-rent after the tenant breaks the lease

Why Property tax increases during the tenancy Is Correct

Answer C: Property tax increases during the tenancy

Security deposits may be used for unpaid rent, damage beyond normal wear and tear, cleaning costs, re-letting costs after lease breach, and similar tenant-caused costs. Property tax increases are the landlord's responsibility and cannot be deducted from the security deposit.

Exam Tip: Property Management

Property management questions cover landlord-tenant law, security deposits, and maintenance responsibilities. Know the differences between gross, net, and percentage leases.

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