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A South Carolina rent-to-own agreement is a legally binding contract allowing a tenant to lease a property while having an option to purchase. The tenant will be obligated to fulfill the terms of the lease if they do not buy the property.
Tenant shall have access to the Premises twenty four (24) hours per day, three hundred sixty five (365) days per year, including normal business holidays. Access to the Premises shall be deemed available if a willing and able employee of Tenant can gain entrance to the Premises through a legal entryway.
Jain says, "The rent agreement must contain a clause that the tenant will not sublet, assign or otherwise part with the possession of the premises to any third party and that he will not use the property for any purpose contrary to law."
Indemnification is the assumption of another party's liability under a contract, such as a lease. Therefore, under an indemnification clause, tenants typically agree to reimburse the landlord, or pay directly, ?all losses, claims, suits, liability, and expense? related to a liability situation.
Yes, Microsoft Word has a free lease agreement template that you can customize to create your own contract and minimize any potential problems between tenant and landlord.
No subletting clause samples 04. No Subletting. Lessee shall not sublet any or all of the Properties without the prior written consent of Lessor, which consent shall not be unreasonably withheld, conditioned or delayed.
A 12-month break clause substantially is an agreement between a tenant and a landlord that allows the tenant to leave after the first year of his lease without the need to pay any penalty or remaining rent. If the landlord has agreed to this, they will include a break clause tenancy in the rental agreement.
What is the South Carolina Residential Landlord-Tenant Act? It is a law passed in 1986 that protects South Carolina house, apartment, and room renters and their landlords. If you live in government-assisted housing, this law protects you. You may also have additional protections under federal law.