Property Management
Which type of residential lease in NC automatically renews on a month-to-month basis unless proper notice is given?
AA fixed-term annual lease✓ Correct
BA month-to-month lease
CA week-to-week tenancy
DA holdover tenancy
Explanation
Many annual leases include automatic renewal provisions that convert to month-to-month status (or renew for another term) unless the tenant or landlord gives proper notice of non-renewal before the end of the term.
Related North Carolina Property Management Questions
- In NC, a 'leaseback' arrangement occurs when:
- A NC broker who manages rental properties must maintain trust account records showing all receipts and disbursements. These records must reconcile:
- Under the NC Residential Rental Agreements Act, the landlord has which obligation regarding appliances included in the lease?
- In NC, when a mobile home park owner decides to close the park and displace tenants, they must comply with:
- A property manager's 'cap-ex reserve' (capital expenditure reserve) in a commercial building is calculated based on:
- The NC 'tenant's right to privacy' in a rental unit means the landlord:
- Under NC's Tenant Security Deposit Act, a landlord may NOT deduct from the security deposit for:
- A property manager in NC who discovers bedbugs in a rental unit should:
Practice More North Carolina Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free North Carolina Quiz →