Apartment Lease Agreement Georgia
An Apartment Lease Agreement in Georgia is a legally binding contract between a landlord and a tenant, outlining the terms and conditions of renting a residential property. The agreement typically covers details such as the duration of the lease, rent amount, security deposit, and any specific rules or obligations for both parties.
Georgia landlords are encouraged to include required disclosures and security deposit limits. Our free Apartment Lease Agreement Georgia template is designed with Georgia laws, helping you to ensure a clear understanding between the landlord and tenant throughout the lease term.
Security Deposit
Any security deposit must be held in an escrow account, even as it doesn’t have a maximum limit. Landlords must use the account exclusively for that purpose. Further, the landlord has 30 days to return the deposit and provide an itemized list of deductions. Many laws favor the landlord, as there are no statutory limits on the rent grace period, late fees, or right-to-enter notice periods.
However, landlords can only charge a fee of up to 5% of the amount or $30, whichever is greater, for bad checks. It’s minor terms like these we ensure to mention in the template.
Disclosures
Some common considerations for an apartment lease agreement in Georgia include:
- Lead-Based Paint Disclosure (for properties built before 1978)
- Security Deposit Receipt
- Flood Zone Disclosure (if applicable)
- Truth in Renting Act Notice
- Mold Disclosure
- Bedbug Disclosure