Georgia Affidavit That Primary Term of Lease Not Extended by Additional Bonus Payment by Lessor
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How to fill out Affidavit That Primary Term Of Lease Not Extended By Additional Bonus Payment By Lessor?
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FAQ
In order for a lease agreement to be valid, both parties must sign the contract.
Cost of Breaking a Lease in Georgia Landlords are not legally required to make a reasonable effort to re-rent the unit. Landlords cannot keep the full security deposit because a tenant broke their lease. The landlord can make deductions for damages or unpaid rent, but the rest must be returned to the tenant.
Georgia law does not require written leases for agreements of one year or less. If the rental agreement extends one year, then a written lease is required. Oral agreements are legal in the state of Georgia, however, formal written agreements are recommended.
If a new lease is not signed, and the landlord continues to accept monthly rent, the terms of the original lease still apply, except the landlord is required to give sixty (60) days' notice before she can terminate the lease or change the terms, and you are required to give thirty (30) days' notice before leaving.
Georgia is a landlord-friendly state because its security deposit laws do not limit the amount a landlord can collect for a security deposit. However, landlords must return the security deposit within 30 days if it is not used to cover any costs.
No, a lease agreement does not have to be notarized in Georgia to be considered legally binding. The document only comes into effect once both parties have signed it.
