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N.C. Gen. Stat. § 42A-4

Definitions

Redline — June 1, 2021 → current.View current text →
Current — June 1, 2022
As of June 1, 2021
The following definitions apply in this Chapter:
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.
(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) Landlord. - An owner of residential property offered for lease as a vacation rental with or without the assistance of a real estate broker.
(3) through (1f) Reserved.
(4) Real estate broker. - A real estate broker as defined in G.S. 93A-2(a).
(5) 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 period.
(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 period.
(6) Vacation rental. — The rental of residential property for vacation, leisure, or recreation purposes for fewer than 90 days by a person who has a place of permanent residence to which he or she intends to return.
(3) Vacation rental. — The rental of residential property for vacation, leisure, or recreation purposes for fewer than 90 days by a person who has a place of permanent residence to which he or she intends to return.
(7) Vacation rental agreement. — A written agreement between a landlord or the landlord’s real estate broker and a tenant in which the tenant agrees to rent residential property belonging to the landlord for a vacation rental.
(4) Vacation rental agreement. — A written agreement between a landlord or the landlord’s real estate broker and a tenant in which the tenant agrees to rent residential property belonging to the landlord for a vacation rental.
History
(1999-420, s. 1; 2016-98, s. 1.1; 2017-102, s. 13.1.)

Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.