Georgia Groundwater Lease
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How to fill out Groundwater Lease?
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FAQ
Your landlord is responsible for repairs to keep the property in good condition. Georgia law says that a landlord cannot make a tenant make or pay for repairs, unless that tenant, his/her family or guests caused the damage. For serious repair problems, local housing code departments can inspect for possible violations.
Lake Sinclair has over 6000 lots that are full fee simple, meaning you own property to the seawall. Roughly 15,000 lots on Lake Sinclair have some type of lease access based on a 340 contour line. Depending on the lease lot, there may be a transfer fee and an annual payment required for access to the lake.
Once you sign the lease, you cannot change your mind later. If the tenant changes his or her mind and decides not to move into the unit after signing the lease, the landlord can impose early termination penalties if provided in the lease.
Unfortunately Georgia does not have a law limiting the amount of the security deposit, nor whether the landlord may demand first and last month rent.
In a fee simple purchase, you buy the land and the building on it. In a lease-land transaction, you are buying the house only, and will pay a yearly lease on the land to the landowner.
Application Information Request North Georgia. Lake Burton ? Lake Rabun ? Lake Yonah ? Lake Seed ? Lake Tugalo ? Tallulah Falls. Central Georgia. Lake Jackson ? Lake Juliette ? Rum Creek. East Georgia. Lake Oconee ? Lake Sinclair. West Georgia. Lake Harding ? Lake Oliver ? Lake Worth ? Goat Rock Lake ? North Highlands.
Georgia Power leases run for 15 years and are renewable. Georgia Power charges a tiered lease fee during each 15-year period, gradually increasing every 5 years. Georgia Power charges a transfer fee each time a lease lot property exchanges hands.