Bill Summaries: S401 (2017-2018 Session)

Tracking:
  • Summary date: Mar 27 2017 - View summary

    Identical to H 488, filed 3/27/17.

    Amends GS 42-45 to further extend the protections there for early termination of a rental agreement for members of the Armed Forces to active and reserve National Guard members and military technicians. Deletes the provision in subsection (b) requiring tenants to pay liquidated damages. Provides that rent amounts that are unpaid for the period preceding the effective date of the lease termination are to be paid on a prorated basis, without an early termination charge. Requires the tenant to pay any other obligations under the terms of the lease, including reasonable charges for excess wear and tear.