Subletting – Subletting, which means that a person with a lease can rent the same room to the lessor during its lifetime. Most agreements require the landlord to accept this type of rental. Rental Application (Form 460) – A tool used for landlords to verify the credibility of a potential tenant before approving a lease. However, not all States have the same leasing and rental requirements and may differ on some important issues. The South Carolina Standard Residential Lease Agreement sets out the terms of a rental agreement, specific to the rental of housing to a tenant. These terms can be negotiated between the tenant and the lessor, but if the lease has been signed, both parties must comply with them or expect monetary or legal penalties. Before a lease is signed, the lessor most likely wants the tenant to fill out a rental application form. This ensures to the landlord that the person is suitable for renting and can make the monthly rents on time. A lease generally extends over a period of one (1) year, but the agreement may be renewed at the request of the parties.
The following model lease agreement describes a contract between “owner” Andy Cohn and “tenant” Tim Curtis. He agrees to rent a house in Charleston for months starting June 27, 2017 for US$1,500 per month. The tenant undertakes to pay all ancillary costs and services of the premises. Termination of lease violations under the lease agreement requires 14 days` notice.