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A tenant can break a lease early in South Carolina, without penalty, if an early termination clause exists in the lease. A tenant would only be able to break a lease early if an early termination clause exists. An early termination clause will allow a tenant to end a lease early by paying a penalty.
What Is a Month-to-Month Tenancy? A month-to-month tenancy is a periodic tenancy created when the renter is granted possession of the property with no definite expiration date and pays the owner on a monthly basis. This tenancy is most commonly found in residential leases.
A tenancy from month to month may be ended by either party giving to the other written notice of thirty days to the effect that such tenancy shall be then terminated. No such tenancy shall ripen into a tenancy from year to year. HISTORY: 1962 Code Section 41-63; 1952 Code Section 41-63; 1946 (44) 2584.
In South Carolina, landlords can terminate a month-to-month rental agreement for any reason and at any time as long as they provide a 30 days' written notice to the other party. Tenants can also end the lease at any time. However, they must provide the minimum termination notice.
A South Carolina month-to-month rental agreement is a lease with no end date that continues until either the landlord or tenant terminates or amends the lease. A month-to-month lease continues and renews automatically each month with the payment of rent by the tenant.
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.