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Contract Requirements In North Carolina

Contract Requirements In North Carolina

North Carolina General Statutes Annotated 
Chapter 66. Commerce and Business
Article 39. Self-Service Storage Rental Contracts

§ 66-305. Contract requirements

A rental contract for the storage of personal property in a self-service storage business shall state, in bold type of a minimum size of 14 points and conspicuously placed, the terms regarding the imposition of late fees, the terms regarding any consequences of a late payment, and the terms, if any, that pertain to the payment of court costs, attorneys' fees, and any other costs associated with the payment of late fees or with judgment against the consumer for late rental payments or late fees.

§ 66-307. Violations

(a) Late fees and attorney fees are not recoverable if a self-service storage business violates the provisions of G.S. 66-306.
(b) Any waiver of any of the provisions of this Article shall be deemed void and unenforceable.
(c) The remedies provided in this section are in addition to any other remedies provided for by law or in equity.

N.C.Gen.Stat.Ann. 66-305 & 6-307 (proposed legislations omitted)


Added On: 17-Jan-2014