Breaking a Lease in Richmond Hill Georgia - Know the Laws
Most landlords in Georgia require their tenants to sign a lease and provide a security deposit prior to moving into their rental property. This is because a lease is a legally binding contract that offers a myriad of benefits to both the landlord and tenant. Having a lease to secure a tenancy is important. This helps ensure landlords will not have issues with tenants paying rent while they occupy your house. Usually, lease terms last a year. This means that when potential tenants signs a lease, they agree in the eyes of the law and the landlord…
Georgia Security Deposit Laws
Do you own at least 10 rentals as a landlord? If so, you must abide by Georgia’s security deposit rules. You may also be subject to this law if you hire a company to manage your properties on your behalf. The following is a basic overview of Georgia’s security deposit laws for landlords. Is There a Security Deposit Limit in Georgia? No, there are no security deposit limits or maximum security deposit amount. As a landlord, you can ask for any amount as a security deposit when a tenant chooses to rent your premises. However, you’ll want to be r…