Add Conditional Fields Legal Georgia Commercial Leases Forms For Free

The renewal clause defines what steps the tenant must take for renewing their lease at the end of the term. Typically, the clause includes a notice period, the term length for the renewal period, the renewal rental rate, and the “fair market value” ing to the landlord.

The use clause can be as wide as “any use permitted by law” and as narrow as describing the how, where, and when of the specific services and/or products a tenant will be allowed to provide from the lease premises.

In the context of a commercial lease, a force majeure clause addresses a scenario when powers outside of a business's control prevent it from continuing to operate. Natural disasters, international supply chain disruptions and terrorist incidents could all potentially trigger force majeure clauses.

Commercial leases require an effective default clause that allows the landlord to force a tenant to comply with all lease obligations. The default clause commonly provides the procedure for obtaining an eviction or the threat of an eviction for a commercial tenant's violation of the lease.

A complete list of the other tenants and their rental rates A copy of the tenant's credit report A detailed description of the property The purpose for which the space is being rented All commercial leases should specify the purpose for which the space is being rented.

If you do not have a written lease, your landlord cannot raise your rent or ask you to leave without giving you 60 days' notice. If you have a written lease, your rent cannot be raised during the term of the lease unless the lease says otherwise.

It is a violation of the law if your lease says anything like the following: • The landlord removes or reduces their responsibility to maintain the property in good repair; • The landlord removes or reduces their responsibility to respond to damages caused by the landlord's failure to keep the property in good repair; ...

If a new lease is not signed, and the landlord continues to accept monthly rent, the terms of the original lease still apply, except the landlord is required to give sixty (60) days' notice before she can terminate the lease or change the terms, and you are required to give thirty (30) days' notice before leaving.

Depending on the rental agreement, Georgia landlords typically must provide a 60-day notice for lease renewals or terminations, while tenants generally need to give only a 30-day notice for lease termination.