Legal Question in Landlord & Tenant Law in South Carolina
full definition of a lease
If a unit is leased to a tenant, is the money that is paid during the lease agreement allowed by the tenants to use that money for a downpayment to purchase that unit?
Asked on 5/09/07, 3:24 pm
2 Answers from Attorneys
David Anderson
Anderson Business Law LLC
Re: full definition of a lease
Only if by contract. It is a residential "unit"?what does lease say?
Answered on 5/09/07, 6:32 pm
Regina Mullen
Legal Data Services, PLC
Re: full definition of a lease
This is entirely a matter of contract, so you need 1) to look at the lease and 2) to negotiate a change if it doesn't say anything about it, or has the answer you don't like.
An attorney can help you change it to a rent-to-own agreement.
Answered on 5/13/07, 4:37 pm
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