Under the NC Tenant Security Deposit Act, a landlord may deduct from a security deposit for:
Why Tenant's failure to pay rent, damage beyond normal wear and tear, and breach of lease Is Correct
Answer B: Tenant's failure to pay rent, damage beyond normal wear and tear, and breach of lease
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.
People Also Study
Related North Carolina Questions
- A NC landlord who requires a higher security deposit from a tenant with a disability because they worry about property damage has likely violated:Fair Housing
- When a tenant in NC intentionally damages a rental property beyond normal wear and tear, the landlord may:Property Management
- Under NC law, a landlord is required to make all security deposit deductions in writing and deliver the accounting to the tenant within:Property Management
- Under NC's Tenant Security Deposit Act, for residential tenancies of more than 2 months, a landlord may collect a maximum security deposit of how many months' rent?Property Management
- Under NC's Tenant Security Deposit Act, a landlord may NOT deduct from the security deposit for:Property Management
- A landlord in NC who has a 'no pets' policy decides to refuse to rent to a tenant with a service animal trained to assist with a disability. This action most likely violates:Fair Housing
- A NC landlord who charges a Hispanic applicant a higher security deposit than a white applicant with the same qualifications has engaged in:Fair Housing
Key Terms to Know
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Study This Topic
Practice More North Carolina Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →