South Carolina Residential or Rental Lease Extension Agreement
What this document covers
The Residential Lease Extension Agreement is a legal document that allows landlords and tenants to extend the duration of an existing residential lease without having to create a new lease. This form captures any modifications, such as revised rent payments, while retaining the original terms and conditions of the previous lease. By utilizing this lease extension, both parties can continue their rental arrangement in a clear, formalized manner, making it easier than starting a new lease from scratch.
Main sections of this form
- Identification of the landlord and tenant(s), confirming their legal rights and obligations.
- Details of the previous lease, including its original dates and terms.
- Extension of the lease term, stating the new start and end dates.
- Specification of revised rent payments, including monthly amounts and deadlines.
- Signatures of all parties involved to validate the extension agreement.
When to use this form
You should use the Residential Lease Extension Agreement when you want to continue a rental relationship beyond the original lease expiration date without drafting a new lease. This form is beneficial when both landlord and tenant agree to modify terms such as rent or duration while maintaining the core provisions of the existing lease.
Who needs this form
This form is suitable for:
- Landlords seeking to extend their rental agreements with tenants.
- Tenants who wish to remain in their current rental properties after the lease ends.
- Both parties who are agreeable to modifying any terms of the lease, such as rent or duration.
How to complete this form
- Identify the parties involved by entering the full names of the landlord and tenant(s).
- Specify the original lease details, including start and end dates, to reference the existing agreement.
- Fill in the new term dates for the lease extension, indicating when the extension starts and ends.
- Enter the revised monthly rent amount and the due date for payments during the lease extension period.
- All parties must sign and date the form to make it legally binding.
Does this form need to be notarized?
Notarization is not commonly needed for this form. However, certain documents or local rules may make it necessary. Our notarization service, powered by Notarize, allows you to finalize it securely online anytime, day or night.
Avoid these common issues
- Failing to include all tenant names if there are multiple lessees.
- Not specifying the original lease dates correctly.
- Leaving rent amounts blank or incorrectly calculating revised payments.
- Neglecting to have all parties sign the agreement, which can lead to disputes.
Benefits of completing this form online
- Convenient access to a legally vetted document at any time.
- Editable fields allow customization to fit the specific needs of the rental agreement.
- A straightforward process that clarifies the obligations of all parties involved.
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FAQ
The lease is mutually beneficial. A tenant can't stop paying rent or vacate the property during the lease term this is a violation of the agreement.A rental agreement, by contrast, is a month-to-month agreement. At the end of each 30-day period, the landlord and tenant are both free to change the terms.
Collect each party's information. Include specifics about your property. Consider all of the property's utilities and services. Know the terms of your lease. Set the monthly rent amount and due date. Calculate any additional fees. Determine a payment method. Consider your rights and obligations.
The Lease Must be in Writing It does not matter if the lease is handwritten or typed.
You need to provide your landlord with a notice of your intentions to end the lease early. You may also need to provide proof of the deployment orders. Once delivered, your tenancy will then automatically end thirty days after the date that the next rent is due.
The difference between lease and rent is that a lease generally lasts for 12 months while a rental agreement generally lasts for 30 days.That means the landlord can't raise the rent without your written consent or evict you without cause, and you can't stop paying rent or break the lease without consequence.
The lease becomes legally binding when all parties have signed: the landlord and all tenants living in the unit who are 18 and older. If you're worried about situations where a lease needs to end early, learn about breaking a lease and grounds for eviction.
A written agreement can act as a roadmap for the landlord-tenant relationship, especially if a dispute arises. Also, real estate (land) leases for more than one year must be in writing. If a lease for over one year is not in writing, it will generally not be enforceable in court.
A lease can be written or verbal, but a verbal lease can be very difficult to enforce.If you decide to write your own lease make sure you include a clause that states if any condition is not legal, that the rest of the lease is still in effect.
Tenant Rights to Withhold Rent in South CarolinaTenants may withhold rent or exercise the right to repair and deduct if a landlord fails to take care of important repairs, such as a broken heater. For specifics, see South Carolina Tenant Rights to Withhold Rent or Repair and Deduct.
