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The document summarizes tenant security deposit policies and procedures in North Carolina. It addresses what happens to a security deposit if the tenant vacates early, if ownership or management of the property changes, or if the tenant is unable to pay rent. The landlord has 30 days to return the full deposit or provide an itemized accounting of deductions, and must notify the tenant of any changes in ownership or management.
The document summarizes tenant security deposit policies and procedures in North Carolina. It addresses what happens to a security deposit if the tenant vacates early, if ownership or manage…