Property Management
In South Carolina, what is the primary difference between a 'fixed-term lease' and a 'month-to-month tenancy'?
AFixed-term leases cannot be terminated early under any circumstances
BA fixed-term lease is for a specific period, terminating automatically at end; a month-to-month tenancy continues indefinitely until either party gives notice✓ Correct
CMonth-to-month tenancies must be in writing, while fixed-term leases may be oral
DFixed-term leases only apply to commercial properties
Explanation
A fixed-term lease ends on the stated expiration date without notice; a month-to-month tenancy continues indefinitely until properly terminated with 30 days' notice. Month-to-month tenancies offer more flexibility but less stability for both parties.
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