PMI Georgia approves rental applications based on verification of employment, rental history, criminal background check and debt to income ratio. Credit score is just a small factor in the decision process. Everyone who will occupy the home over the age of 18 must complete a rental application.
No, a lease agreement does not have to be notarized in Georgia to be considered legally binding. The document only comes into effect once both parties have signed it.
Here's a list of standard fields that you should include in your lease agreement: Tenant information. Include each tenant's full name and contact information. Rental property description. Security deposit. Monthly rent amount. Utilities. Lease term. Policies. Late fees.
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; ...
Go To Your Landlord or Management Company For example, property owners in California must: Provide a copy of the rental agreement or lease to the tenant within 15 days of its execution by the tenant.
The most common lease terms are for one year or two years. Short term leases are usually three-month or six-month terms.
Start by noting the basic identifying information: List the date, property address, and tenant details. Proceed room by room: Document each item in every room, including its condition. Be thorough and include all elements like walls, floors, ceilings, fixtures, and any appliances or furniture.