Lease Termination Agreement Form Georgia – A lease agreement is a authorized contract which allows the tenant to implement the property for a while. The agreement specifies the phrases and situations under which the parcel may be applied and what transpires when the tenant won’t comply with these phrases. It is also called the rental agreement or rental deal.
The owner and tenant have various responsibilities with this sort of agreement. The owner agrees to offer the residence towards the tenant and be certain it is in very good affliction whilst offering all required utilities – h2o, electric power, heating, etc. The tenant agrees to pay rent punctually and take care of the residence like it is really their residence.
In certain states, landlords must present a lease agreement kind in advance of they are able to hire out their homes.
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