North Carolina General Statutes 42-41. Mutuality of obligations
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In North Carolina General Statutes 42-41
- Dependent: A person dependent for support upon another.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
The tenant’s obligation to pay rent under the rental agreement or assignment and to comply with N.C. Gen. Stat. § 42-43 and the landlord’s obligation to comply with N.C. Gen. Stat. § 42-42(a) shall be mutually dependent. (1977, c. 770, s. 1.)