This office lease provision lists the conditions under which the landlord shall accept surrender and the lease shall be deemed terminated.
The South Carolina Conditional Limitation of Tenant Liability Good Guy Provision is a legal agreement that exists between a commercial tenant and a landlord in the state of South Carolina. This provision offers a limited protection to tenants who are facing financial hardship and may need to terminate their lease early. In essence, the Good Guy Provision enables a tenant to avoid personal liability for unpaid rent or other lease obligations, provided certain conditions are met. These conditions typically include giving advance notice, surrendering the premises in good condition, and ensuring that all rent and other dues are paid up to the termination date. There are a few different variations of the Conditional Limitation of Tenant Liability Good Guy Provision in South Carolina, such as: 1. Standard Good Guy Provision: This is the basic form of the provision, where the tenant is protected against personal liability for unpaid rent or other lease obligations. Keywords: South Carolina, Conditional Limitation, Tenant Liability, Good Guy Provision, commercial tenant, landlord, financial hardship, terminate lease early, protection, personal liability, unpaid rent, lease obligations. 2. Extended Good Guy Provision: In some cases, the Good Guy Provision may be extended to cover additional obligations or damages that a tenant might incur during the lease term. This offers tenants an even greater level of protection. Keywords: South Carolina, Conditional Limitation, Tenant Liability, Good Guy Provision, commercial tenant, landlord, financial hardship, terminate lease early, protection, personal liability, unpaid rent, lease obligations, extended, additional obligations, damages. 3. Modified Good Guy Provision: This variation allows for certain modifications or adjustments to be made to the basic provision, catering to specific circumstances or requirements of the tenant and landlord. Keywords: South Carolina, Conditional Limitation, Tenant Liability, Good Guy Provision, commercial tenant, landlord, financial hardship, terminate lease early, protection, personal liability, unpaid rent, lease obligations, modified, adjustments, specific circumstances. It is important for both tenants and landlords in South Carolina to understand the specific terms and conditions of the Conditional Limitation of Tenant Liability Good Guy Provision that they are entering into. Consulting with a real estate attorney familiar with South Carolina laws can be beneficial to ensure compliance and to address any concerns or uncertainties related to this provision.
