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NC S244
Bill
AI Summary
- Requires new landlords to provide existing tenants with 60 days' written notice before terminating a month-to-month, week-to-week, or holdover tenancy.
- Requires new landlords to provide existing tenants with 60 days' written notice before implementing a rent increase, with tenants allowed to vacate within those 60 days if they reject the increase.
- Defines "new landlord" as any owner, rental management company, rental agency, or agent with authority over the property that takes these actions within one year of finalizing the property purchase.
- Applies only to residential tenancies unless the lease agreement specifies different terms.
- Becomes effective upon enactment.
Legislative Description
Housing Extension
Housing; Landlord & Tenant; Rentals & Leasing; Notification; Public
Last Action
Ref To Com On Rules and Operations of the Senate
3/9/2023
Committee Referrals
Rules and Operations of the Senate3/9/2023
Full Bill Text
No bill text available