South Carolina Code 40-57-520. Management of residential multiunit rental locations
Current as of: 2023 | Check for updates
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(A) The management of each residential multiunit rental location must be provided by an on-site licensee or an off-site licensee if there is no on-site staff.
(B) The commission may permit multiple multiunit rental property locations to be managed by one licensee.
Terms Used In South Carolina Code 40-57-520
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
(C) An unlicensed employee of the owner of a multiunit rental property or an unlicensed individual who works under the supervision of a licensee is permitted to perform only the following duties:
(1) maintenance;
(2) clerical or administrative support;
(3) collection of rents that are made payable to the owner or real estate company;
(4) showing rental units to prospective tenants;
(5) furnishing published information;
(6) providing applications and lease forms; and
(7) receiving applications and leases for submission to the owner or the licensee for approval.