The North Carolina residential lease agreement is a user-friendly and important contract used to ensure the transaction between the landlord and tenant is legally agreed upon. This form is structured around a one (1) year term installed with monthly payments. For the document to go into effect, both parties will have to agree and complete the following sections: Date of Lease Enactment Length of Lease Term Monthly Rent Cost Form of Payment Rent Payment Procedure Rent Due Date Bad-Check Servicing Charge Security Deposit Cleaning Fee Before the landlord accepts a tenant into the property, they will want to screen any and all applicants using the rental application. Once it has been processed, the landlord will have a detailed description of the applicant’s employment, rental, and credit history, helping the landlord decide if the individual(s) will be responsible and financially able to manage the payments during the course of the lease.