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Code Ann. § 27-40-730 (c)), your landlord must make reasonable efforts to re-rent your unit?no matter what your reason for leaving?rather than charge you for the total remaining rent due under the lease. So you may not have to pay much, if any additional rent, if you break your lease.

A South Carolina rent-to-own agreement is a residential lease that includes an option for the tenant to purchase the property at a specific period during the tenancy agreement. It is customary for the tenant to pay either an upfront fee or an additional monthly payment (a rent premium) to acquire their purchase option.

A major disadvantage of renting to own is that renters lose their down payment and other non-refundable charges if they decide not to purchase the home. Some sellers may even take advantage of renters by making it difficult or unappealing to purchase the home ? with the goal of keeping the down payment.

Unlike a standard lease, the landlord and tenant can terminate a month-to-month contract without cause by giving the other party thirty (30) days' notice. The agreement is renewed each month when the tenant pays rent, and the cycle continues until either party gives the other a written notice of termination.

The rental agreement is an official contract entered between the tenant and owner of a property. Tenant is the person who wishes to take temporary possession of the owner's property by paying the rental amount. The tenant can stay/use the property of the owner for the time mentioned in the rental agreement.

In general, lease-to-own refers to methods by which a lease contract provides for the tenant to eventually purchase the property. One common lease-to-own strategy is to include an ?option to purchase? provision in the lease.