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NORTH CAROLINA STATUTES AND CODES

§ 42-52. Landlord's obligations.

§ 42‑52.  Landlord'sobligations.

Upon termination of thetenancy, money held by the landlord as security may be applied as permitted inG.S. 42‑51 or, if not so applied, shall be refunded to the tenant. Ineither case the landlord in writing shall itemize any damage and mail ordeliver same to the tenant, together with the balance of the security deposit,no later than 30 days after termination of the tenancy and delivery ofpossession of the premises to the landlord. If the extent of the landlord'sclaim against the security deposit cannot be determined within 30 days, thelandlord shall provide the tenant with an interim accounting no later than 30days after termination of the tenancy and delivery of possession of thepremises to the landlord and shall provide a final accounting within 60 daysafter termination of the tenancy and delivery of possession of the premises tothe landlord. If the tenant's address is unknown the landlord shall apply thedeposit as permitted in G.S. 42‑51 after a period of 30 days and thelandlord shall hold the balance of the deposit for collection by the tenant forat least six months. The landlord may not withhold as damages part of thesecurity deposit for conditions that are due to normal wear and tear nor maythe landlord retain an amount from the security deposit which exceeds hisactual damages.  (1977,c. 914, s. 1; 2009‑279, s. 5.)

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