Lease Purchase Agreement Form Georgia – A lease agreement is a lawful agreement that permits the tenant to use the residence for quite a while. The agreement specifies the terms and problems under which the parcel may well be utilized and what comes about if the tenant does not observe these phrases. It is also called the rental agreement or rental deal.
The owner and tenant have distinct duties within this kind of agreement. The owner agrees to offer the home on the tenant and ensure it can be in superior affliction while delivering all vital utilities – h2o, electric power, heating, etc. The tenant agrees to pay for rent on time and look after the assets like it really is their property.
In a few states, landlords have to provide a lease agreement kind before they’re able to hire out their qualities.
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