As a tenant, before you sign a lease agreement, it is essential to understand your rights and responsibilities as a renter. A tenant agreement, also known as a lease agreement, is a legal contract between a landlord and a tenant that lays out the terms and conditions of the tenancy.
In the state of Georgia, tenant rights are protected by state law, and it is crucial to know your rights before entering into a rental agreement. Here`s what you need to know about the tenant agreement in GA.
There are two types of lease agreements in Georgia: fixed-term and month-to-month. A fixed-term lease is a lease that has a set beginning and end date. For example, a six-month or one-year lease is a fixed-term lease. A month-to-month lease is a lease that automatically renews every month until either the landlord or tenant terminates the lease.
Rent Payment and Amount
The lease agreement must state the amount of rent due each month and the due date. The lease should also specify the accepted methods of payment, such as check, money order, or online transfer. Late payments may incur a late fee, which should be detailed in the lease.
Georgia law allows landlords to charge up to two months` rent as a security deposit. The lease should outline the amount of the security deposit, the terms for its return, and the conditions under which the landlord can withhold a portion or all of it.
Repairs and Maintenance
The lease agreement should state which party is responsible for repairs and maintenance. In Georgia, landlords are required to keep rental properties in a safe and habitable condition. If the tenant causes damage to the property, they may be held liable for the repair costs.
The lease should specify which utilities, if any, are included in the rent. If utilities are not included, the lease should state how they will be billed and who is responsible for payment.
Termination and Renewal
The lease agreement should specify the conditions under which the lease can be terminated by either the landlord or tenant. If the lease is a fixed-term lease, termination before the end of the lease may result in penalties, as specified in the lease.
A tenant agreement in GA is a legal contract that protects both the landlord and tenant. Before signing a lease agreement, it is vital to read and understand the terms and conditions outlined in the lease. It is also advisable to have an attorney review the lease to ensure that your rights are protected. Always keep a copy of the lease agreement for your records.