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South Carolina rental/lease agreements can be used to create a contract between a lessor and an intended occupant who is ready to pay rent to use a property for residential or commercial purposes. The property owner uses a rental application to check the income and employment situation of the prospective tenant and their background information. Rental Application – A document used by the lessor to obtain and authenticate the income and background of a potential lessee before authorizing a lease. It often attracts a small fee.
Commercial Rental Lease Agreement – For rental contracts of spaces intended for non-livable purposes.
Monthly Rental lease Agreement (§ 27-40-770) – This type of tenancy may be canceled by the occupant and lessor and requires a minimum of thirty days' notice with rent renewable every month.
Rent-to-Own Rental Agreement– A housing lease that allows the lessee to acquire the property at a later date if certain conditions are met. It can be structured in many ways depending on the needs of the lessee and lessor.
Roommate Lease Agreement – For the occupants of shared living space to create an accord towards maintenance and expenses on the property.
Standard Residential Rental Contract – A popular residential contract with a fixed term typically lasting one year.
Sublease Rental Contract – A type of lease agreement where a lessee brings in a new tenant to occupy a leased property for the remainder of the original contract period. This lease type comes in two options; a commercial sublease and a residential sublease. This arrangement may require the consent of the property owner.
Agent Information (§ 27-40-420) – Persons allowed access to the premises are required to be recorded in the lease agreement including their name and address for official uses.
Lead-Based Paint Information – The lessor must notify all tenants, for buildings constructed before 1978, of the presence of hazardous paint in the dwelling.
Deposits (§ 27-40-410) – If the lessor owns more than four dwelling units and requires varying security deposits for different individuals, the standards for arriving at this amount should be clearly stated in the lease.
The lessor is required to provide notice to the occupant at least twenty-four hours before accessing the premises and has to be within the periods stated in § 27-40-530.
Maximum – No limit. A lessor can require as much as reasonable.
Returning (§ 27-40-410) – The lessor is required to send back all funds associated with security deposits within thirty days from the termination date and the property has been repossessed by the lessor.