Victory Real Estate

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WORKING WITH REAL ESTATE AGENTS (LEASE TRANSACTIONS) NOTE: This form is designed for use by agents working with landlords and/or tenants. It is similar, but not identical, to the “Working with Real Estate Agents” brochure published by the NC Real Estate Commission (available in letter-length format as NCAR Standard Form #520), which must be used by agents working with sellers and/or buyers. When leasing real estate, you may find it helpful to have a real estate agent assist you. Real estate agents can provide many useful services and work with you in different ways. In some real estate transactions, the agents work for the landlord. In others, the landlord and tenant may each have agents. And sometimes the same agents work for both the landlord and the tenant. It is important for you to know whether an agent is working for you as your agent or simply working with you while acting as an agent of the other party. This brochure addresses the various types of working relationships that may be available to you. It should help you decide which relationship you want to have with a real estate agent.

For the purpose of encouraging water and electricity conservation, pursuant to a written rental agreement, a landlord may charge for the cost of providing water or sewer service to tenants who occupy the same contiguous premises pursuant to G.S. 62?110(g) or electric service pursuant to G.S. 62?110(h).

If the landlord is charging for the cost of providing water or sewer service pursuant to G.S. 42?42.1 and has actual knowledge from either the supplying water system or other reliable source that water being supplied to tenants within the landlord's property exceeds a maximum contaminant level established pursuant to Article 10 of Chapter 130A of the General Statutes, provide notice that water being supplied exceeds a maximum contaminant level.

Unless a court order allows the perpetrator to return to the dwelling to retrieve personal belongings, the landlord has no duty under the rental agreement or by law to allow the perpetrator access to the dwelling unit, to provide keys to the perpetrator, or to provide the perpetrator access to the perpetrator's personal property within the dwelling unit once the landlord has been provided with a court order requiring the perpetrator to stay away from the dwelling. If a landlord complies with this section, the landlord is not liable for civil damages, to a perpetrator excluded from the dwelling unit, for loss of use of the dwelling unit or loss of use or damage to the perpetrator's personal property.

Commonly tenants submit a list of repairs they expect to be done before they move in. Sometimes these are very reasonable, and often they are ridiculous. We actually use this as a method of gauging whether this prospect will drown us in maintenance costs / time. It’s not uncommon for us to weigh this issue heavily when considering an applicant. If the list is reasonable in our opinion, we will present the request to you for approval and instructions for handling. At this point in the process it is still rare for our company to request money from our rental owners. Victory is pleased to when possible, extend their credit, and often payment to ease the hassle, and money burden of a vacant house for our clients. We then provide a full accounting, and recoup the expense from the tenants first month’s rent. Whenever possible we highly recommend letting the tenants move in a few days early. NO tenants ever move in without payment of agreed upon security deposit, and first month’s rent. If they elect to pay early, it’s a great way to start the relationship off on a good note, and give us some breathing room on maintenance issues that arise.

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