South Carolina Provision Calculating the Rent Increase

State:
Multi-State
Control #:
US-OL24017D
Format:
Word; 
PDF
Instant download

Description

This office lease provision states that Base Rent shall be $25.50 per rentable square foot. During the Renewal Term, Base Rent shall be increased by the change, if any, in the Consumer Price Index. In no event will the Renewal Rental Rate be less than the Base Rent.

How to fill out Provision Calculating The Rent Increase?

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FAQ

Is there a limit to the amount of money that can be taken from my paycheck for child support? 50 percent of disposable income if an obligated parent has a second family. 60 percent if there is no second family.

Rent rose by 10.4% in South Carolina on average in 2022, ing to RentHub, an online real estate data and analytics platform. The state ended the year with a median rent of $1,800 in December, up from $1,700 during the same month in 2021.

Under the Residential Landlord-Tenant Act, a tenant may bring an action against the landlord for recovery of damages or to obtain legal relief for any violations by the Landlord. These remedies will be discussed later. A tenant is responsible for paying rent on time.

Support generally continues until the child is 18 and has finished high school or at the end of the school year that the child turns 19. Support can continue for exceptional situations such as college or if the child is disabled. Child support does not end automatically.

Child support in South Carolina is calculated based on state guidelines. The basic support obligation is based on the total income of both parties. For example, for a couple with two children and a combined income of $5,000/month, the basic child support obligation will be $1151/month.

Currently, there is no state-wide rent control in South Carolina. Moreover, cities and towns in the state aren't allowed to impose their own rent limits. During the lease term, the landlord typically cannot increase the rent unless specified otherwise in the lease agreement.

Forms of Custody in South Carolina Joint Custody ? South Carolina courts are reluctant to assign true 50-50 physical custody (ie, parents alternate weeks or months throughout a year) as the courts generally believe that such arrangements are not in the best interest of the child.

Child support in South Carolina is calculated based on state guidelines. The basic support obligation is based on the total income of both parties. For example, for a couple with two children and a combined income of $5,000/month, the basic child support obligation will be $1151/month.

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South Carolina Provision Calculating the Rent Increase