North Carolina Statutes
§ 42A-4 — Definitions
The following definitions apply in this Chapter:
(1)Advanced payments. - All payments made by a tenant in a vacation rental agreement to a landlord or the landlord's real estate broker prior to occupancy for the purpose of renting a vacation rental property for a future period of time as specified in the vacation rental agreement.
(1a) Landlord. - An owner of residential property offered for lease as a vacation rental with or without the assistance of a real estate broker.
(1b) through (1f) Reserved.
(1g) Real estate broker. - A real estate broker as defined in G.S. 93A-2(a).
(2)Residential property. - An apartment, condominium, single-family home, townhouse, cottage, or other property that is devoted to residential use or occupancy by one or more persons for a definite or indefinite per
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Nearby Sections
15
§ 42A-1
Title§ 42A-10
Written agreement required§ 42A-11
Vacation rental agreements§ 42A-15
Trust account uses§ 42A-16
Advance payments uses§ 42A-17
Accounting; reimbursement§ 42A-2
Purpose and scope of act§ 42A-23
Grounds for eviction§ 42A-24
Expedited eviction§ 42A-25
Appeal§ 42A-26
Violation of court order§ 42A-27
Penalties for abuse§ 42A-3
Application; exemptions