Renter’s Rights: What You Need To Know

Home renters in North Carolina are entitled to certain rights. Here is what you need to know about renter’s rights whether you are a renter or a landlord.
Rights Regarding Security Deposits
State law places a limit on how much a landlord can charge you for a security deposit. If you have a month-to-month lease, the maximum security deposit is one and a half month’s rent. For rental terms longer than two months, the maximum deposit is two months. If you have pets, your landlord might add a reasonable nonrefundable deposit.
Your landlord must disclose information about where your security deposit is held. This information, including the name and address of the bank where the deposit is held is usually disclosed in your rental agreement.
Refund of Your Security Deposit
If you move, your renter’s rights include that your former landlord return your security deposit within 30 days of your move. When a landlord makes a claim against your deposit and cannot finalize it within the 30 days, they must send an interim accounting at that point. A final accounting must be submitted within 60 days of your move. If your landlord doesn’t return your deposit, you can sue him or her in small claims court for deposits up to the amount of $5,000.
Late Fees Rules
Your rental agreement should include what your late fee is and when a late fee will be imposed. State law specifies that late fees cannot be imposed until your rent is five days late. The fee cannot be more than $15 or 5 percent of your rent payment, whichever is greater.
N.C. Gen. Stat. § § 42-1 to 42-14.2; 42.25.6 to 42-76 refers to landlord-tenant laws. Depending on the city where you are renting, there may be additional health and safety, anti-discrimination or noise and nuisance standards and rules that might apply to renter’s rights.

Quality Property Management

How do you know a quality property management company? There are several things you can look for that will allow you to assess their worth. Whether you are willing to put your property in their hands or are looking for the ideal home for your family, you are placing your family’s future on their doorstep.

Member of Local Organization

Look for a property management company who is vested in the Charlotte NC community. Do they belong to the local Chamber of Commerce or Better Business Bureau? Members of these organizations take pride in themselves as well as their community. They are always looking for ways to make the neighborhoods better and safer.

Solid Reputation

Ask your friends and family who they would recommend. A quality property management company works for its clients and will do everything they can to ensure they are fully satisfied. Customer satisfaction is a keystone for any business foundation and shouldn’t be overlooked. Check out their standing with the BBB and talk to people who have used them in the past.

Knowledgeable and Professional Staff

A quality property management company must have knowledgeable and professional staff members who are available when you need them. Professionalism is the key to any good business. Staff should be knowledgeable about every aspect of the property management business and willing to go the extra mile to make sure every detail is taken care of.

At T R Lawing, Charlotte NC residents can depend on the staff to do what needs to be done when caring for their properties. As a quality property management company, they have a reputation for making sure each property is properly cared for at all times.

Residential Property Management Services

Residential property management services are offered to residents who live in the Charlotte, North Carolina area to help them successfully manage and maintain their properties. Potential renters who live in the area can use the services offered by property management companies to locate the ideal property to fit their family’s needs.

Services Offered

Residential property management services include the following:

  • Markets properties
  • Performs general maintenance and inspections
  • Handles legal matters involving the property, including evictions
  • Interviews prospective tenants and handles all steps of the leasing process
  • Collects rent and takes care of financial obligations

Property managers assume the responsibility for the care and upkeep of the property and are available 24 hours a day as needed.

The Benefits of Hiring A Residential Property Management Company

Hiring a company to take care of residential property management services allows the owner all the benefits of property ownership without the worry of constant care and maintenance. Property management services are performed as they are needed without having to bother the property owner with the details. Management companies give owners peace of mind knowing their properties are being well taken care of.

If you are interested in learning more about property management services or want to rent a home in the Charlotte, North Carolina area, contact the staff of T R Lawing Realty Inc. They have the answers you’re looking for!