Both the Georgia Term Lease AND the Georgia Month-to-Month Lease are featured in this Package, with other essential forms for managing the landlord-tenant relationship, including:
Georgia Lease Agreement With Option To Purchase
Category:
State:
Georgia
Control #:
GA-LTPAC
Format:
Word;
Rich Text;
PDF
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How to fill out Georgia Residential Landlord Tenant Rental Lease Forms And Agreements Package?
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FAQ
In general, lease-to-own refers to methods by which a lease contract provides for the tenant to eventually purchase the property. One common lease-to-own strategy is to include an ?option to purchase? provision in the lease.
No, lease agreements do not need to be notarized in Georgia. Some states require leases of a certain length to be notarized, but that is not the case here. If the landlord and tenant agree, they can have the lease notarized for additional legal protections.
No, a lease agreement does not have to be notarized in Georgia to be considered legally binding.
What is a lease-option-to-buy? A lease option is a contract in which a landlord and tenant agree that, at the end of a specified period, the renter can buy the property at a specified price. The tenant pays an up-front option fee and an additional amount each month that goes toward the eventual down payment.
A Georgia rent to own property agreement is a legally binding contract between a landlord and a potential new homeowner with an option to purchase the rented/leased property at some point during the agreement. Some percentage of rent to own monthly rental payments goes towards the payment of the property.