Seller Possession After Closing in Raleigh, NC: How a Rent-Back Agreement Works
In North Carolina, seller post-closing possession (also called a rent-back or leaseback) is an arrangement where the seller stays in the home for a short time after closing. The buyer owns the property and acts as a temporary landlord. The arrangement is governed by NC Form 2A8-T, the Seller Possession After Closing Agreement, and is designed for short stays only.