NCUC Advice Letter for Residential Apartment Owners

Today the Apartment Association of North Carolina (AANC) shared a newly revised Advice Letter for Residential Apartment Owners that “reflects legislative change that occurred this session (amendment to G.S. 143-151.42 in the form of SB545/HB522 “Utility-Inclusive Leases”).”

The letter was prepared by David Drooz, staff attorney for the North Carolina Utilities Commission Public Staff, and is must reading for any apartment owner/manager who uses all-inclusive leases.

Here’s a link to a PDF version of the letter.