South Carolina Commercial Lease Agreement

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The South Carolina Commercial Lease Agreement is a unique kind of lease intended to allow a property owner to lend out their property to a commercial entity for business or industrial use. Note that non-profit and charitable organizations cannot use this kind of lease, as they are not commercial entities.

As they are intended for a business or other commercial entity, a Commercial Lease can often be much more more complicated than a residential lease. Often times, a tenant can be financially responsible for costs other than the rent. The most common type of Commercial Lease is a Triple Net (NNN) lease, where the tenant is responsible for the utilities, upkeep and any property taxes inherent to the property, but the rent will be significantly lower than in a Gross Lease, where the tenant is only responsible for the rent.

South Carolina Commercial Lease Law is covered in S.C. Title 36-2A.