Yes, in South Carolina a contract to lease is legally binding once both landlord and tenant agree to the essential terms (rent, property, and lease duration) and sign the agreement. Leases longer than one year must be in writing to be enforceable under the Statute of Frauds, and after signing, both parties are bound to the lease unless there is a valid termination clause or another legal reason allowing early termination.
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The information for this answer was found on our South Carolina Residential Lease Agreement answers.