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A property can be sold with a sitting tenant. If this happens, the new owner will become the landlord, and must register as such. The new owner will have to honour any terms set out in the tenancy agreement the tenant had with the former owner until the contract expires. Begin eviction proceedings against the tenant.
How to create a lease agreement Collect each partys information. Include specifics about your property. Consider all of the propertys 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.
You do not have to allow viewings if they are not mentioned in your contract. You could say that they must only take place at certain times. If you refuse viewings and your agreement says you must allow access, you might find it difficult to get a reference or have problems with getting your deposit back.
A lease-option-to-buy arrangement can be a solution for some potential homebuyers, but its not right for everyone. If youre not certain that youre going to be able to purchase the rental home at the end of the lease period, you might be better served with a standard rental agreement.
The law requires the landlord to comply with building and housing codes materially affecting health and safety. The landlord must make all repairs and do whatever is reasonably necessary to put and keep the rental unit in a fit and livable condition.
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South Carolina is considered a landlord-friendly state because of the lack of rent control laws and the ability to evict tenants.
You can sell your rental property with sitting tenants. However, its important to remember that your tenants have certain rights. You should always inform sitting tenants of your intention to sell before putting your property on the market and explain your reasons for doing so.
Keeping the rental unit reasonably safe and clean, Disposing of his or her garbage and other wastes in a safe manner, Keeping all plumbing fixtures used by the tenant clean. Using all electrical, plumbing, heating, air-conditioning and other appliances in a safe manner.
The most important clause to landlords is the duty of the tenant to pay the rent in full and on time. This includes the right to charge a fee for damages if payment is late. Other important clauses grant the landlord the right to enforce the rules and regulations written into the lease.
Your proposal should detail the amount of the non-refundable option fee and rental credits, as well as the price you are offering for the home. Next, propose a new lease to cover the rental period, which is typically one to three years. It is at the end of the lease that you expect to be in a position to buy the house.

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