Rental laws are designed to ensure that both tenants and homeowners understand some of the legal questions and issues that may arise from time to time. Rental laws in Georgia for tenants and homeowners are not any different. Though the laws may differ from what you may find in another state the bottom line is that the laws are there to guide both parties without involving a lawyer. Below we look at the main rental laws in Georgia.
There is no statute that proscribes the amount that landlords should charge as rent for single and multi-unit residential properties. There is also no statute on notices for rent increase, time when rent is due, and the grace period for rent payment allowed.
The state of Georgia allows homeowners to ask for a security deposit. The law, however, does not specify the amount the landlord can ask as security deposit. This deposit should be placed in an escrow account and landlord has to give a written note to the tenants with the escrow account details. Homeowners and families that own 10 or less units are exempted from this requirement as long as the management of the units is not left to third parties.
The landlord is not required to put the deposit in an account that bears some interest. The landlord is also not required to pay any interest on security deposit.
The landlord is allowed to deduct the deposit in certain situations. These include;
– When the tenant has not paid rent or is late in doing the same
– When the tenant has accumulated utility charges and pet fees
– When a tenant abandons the property
– When tenants contract third parties to carry out cleaning and repair works
– When the tenant causes actual damage to the property. This, however, only applies if the landlord did something to mitigate the damage on property.
After the tenant moves, the landlord is required by law to return the deposit within 30 days.
Landlords are allowed to charge other fees for their properties. These fees include application fees and pet fees. Any non- refundable fees should not be part of the security deposit. There are also potential fees for credit checks, background checks and other checks at the discretion of the landlord. For examples of non credit check apartments, you can check out this reputable no credit check apartment company.
A landlord is required to disclose if there is a person required to act on their behalf. The landlord should also disclose all existing damages to the property. All this should be part of the lease agreement.
To terminate a lease with no end or a month to month lease the landlord is required to give the tenant a 60 days’ notice while the tenant must give the landlord a 30 days’ notice. For a lease with a fixed end date neither party is required to give a notice. There is not statute on how a week to week lease termination should be handled.
In the case of nonpayment of rent and other fees the landlord can terminate the lease without any notice. To avoid being evicted, the tenant must pay the required fees within 7 days.
This is just an outline of the rental laws in Georgia for tenants and homeowners. You can find more information online if you have more questions about any of the above or more areas. Just be confident because the state has put certain measures to protect you from harassment and ensure that both landlords and tenants hold up to their end of the bargain at the end of the day.