This office lease clause states that the amount of the security deposit shall be increased to reflect the increase in Base Rent. The Owner shall at all times have and maintain two full months' Base Rent as security.
South Carolina Clause Providing for the Periodic Increase in the Tenant Security to Reflect Increases in Base Rent
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How to fill out Clause Providing For The Periodic Increase In The Tenant Security To Reflect Increases In Base Rent?
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FAQ
The South Carolina Landlord Tenant Act S.C. Code Ann. § 27-40-440 requires the landlord to maintain the property in a safe and habitable condition: Compliance: Obey all building and housing codes that affect health and safety.
The short answer is yes, you can sell a rental property with tenants in South Carolina. However, it's important to note that there are specific laws and regulations in place to protect the rights of your tenants during the sale process.
The Tenant Protection Act caps rent increases for most tenants in California. Landlords cannot raise rent more than 10% total or 5% plus the percentage change in the cost of living ? whichever is lower ? over a 12-month period.
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.
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.
SECTION 27-35-130. Notice required for tenants at will and domestic servants. All tenants at will and domestic servants shall vacate the premises occupied upon twenty days' written notice.
You may be able to legally move out before the lease term ends in the following situations. You Are Starting Active Military Duty. ... The Rental Unit Is Unsafe or Violates South Carolina Health or Safety Codes. ... Your Landlord Harasses You or Violates Your Privacy Rights.
Under South Carolina law, tenants may withhold rent if the landlord fails to provide essential services such as heating systems, water supply, good sanitary conditions, and maintenance.
