Short Term Rental Agreement South Carolina

The first thing to find out about your South Carolina rental agreement is whether you`re dealing with a periodic lease or a lease by agreement. A lease usually lasts for a set period of time in exchange for rent, while a lease can last indefinitely. Leases can only be terminated with a termination form in the event of a breach of contract, while a lease can be terminated at any time with the South Carolina Notice to Vacate form. In the absence of a written lease, South Carolina law requires landlords to notify tenants at least 30 days in advance to evacuate the property if they wish to terminate the lease. If the tenant terminates the rental agreement, he is required to notify the owners at least 30 days in advance. (1) the tenant`s signature on the lease, including electronic signatures transmitted via the Internet or other similar media; Leases are often oral, and while they can offer freedom and flexibility to both landlords and tenants, variability can have its own drawbacks. For example, a tenant may prefer not to commit to a fixed period of time (it may be between jobs or schooling), but this allows for the possibility of increasing rents or terminating the landlord, which would not be possible otherwise with a long-term lease in South Carolina. (B) A rental company in a vacation rental agreement must deposit all funds received from the tenant into a trust account that complies with the requirements of section 40-57-135 (B). The rental company may require the tenant to pay all or part of the rent, deposit or other costs prior to the lease.

The terms of these advances, which may not be refundable, must be indicated in the rental agreement. Section 27-50-210. Short title. This article can be cited as the South Carolina Vacation Rental Act. HISTORY: Act No. 336 of 2002, Section 2.SECTION 27-50-220. Volume of the article. Has. This Article shall apply to any rental management company acting on behalf of an owner or to any other person or entity engaged in the rental or management of accommodation for the purpose of vacation rental within the meaning of this Article. B) This section does not apply to: (1) accommodation provided by hotels, motels, tourist camps or campsites subject to the regulations provided for in Title 45, including hotels, motels or timeshare condominiums owning and managing individual units or groups of units that rent units every day or more and provide a reception or office for customer service; either provide a central telephone system or offer cleaning services at no additional cost; (2) any vacation time-sharing accommodation, as defined in section 27-32-10 (7) and (8); or (3) Rental of dwellings on a weekly or monthly basis, pursuant to Chapter 40 of this Title, the South Carolina Residential Landlord and Tenant Act.HISTORY: 2002 Act No.

336, Section 2.SECTION 27-50-230. Definitions.As used in this section: (1) “residential property” means a dwelling, condo, detached house, townhouse, cottage or any other property devoted to the use or occupation of the dwelling by one or more persons for a specified or indefinite period. (2) `rental management company` means a licensed manager or responsible broker, as well as his employees and collaborators who manage holiday apartments. (3) “holiday apartment” means the rental, subletting or other rental of dwellings for a period of less than ninety days, except that it does not include the weekly or monthly rental of real estate in accordance with Chapter 40 of this Title, the South Carolina Residential Landlord and Tenant Act. (4) `holiday rental agreement` means a written agreement between an owner or the owner`s rental management company and a tenant in which the tenant rents the owner`s property for an apartment. . . .

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