North Carolina General Statutes § 42A-4 Definitions
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The following definitions apply in this Chapter:
(1) 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 period.
(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.
(4) Vacation rental agreement. A written agreement between a landlord or his or her real estate broker and a tenant in which the tenant agrees to rent residential property belonging to the landlord for a vacation rental. (1999‑420, s. 1.)
Sections: 42A-1 42A-2 42A-3 42A-4 42A-10 42A-11 42A-15 42A-16 42A-17 42A-18 42A-19 42A-23 42A-24 42A-25 42A-26
Last modified: February 21, 2012
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