Georgia Notice to Lessee of Right to Exercise Option to Terminate

State:
Multi-State
Control #:
US-1096BG
Format:
Word; 
Rich Text
Instant download

Description

Accord and satisfaction is an informal method of dispute resolution. An "accord and satisfaction" is merely an assertion that a dispute has been settled and that full performance under the settlement agreement has been made. It usually presupposes the existence of a prior contract and a legitimate dispute over the amount owed. Accord and satisfaction is generally governed by state law. For there to be a valid accord and satisfaction of a debt or claim, there must be: (i) a disputed claim; (ii) a tender of a check for less than the amount of the claim by the debtor, and (iii) an acceptance of the tender by the creditor. It is absolutely essential that the creditor understand that the partial payment is being offered to satisfy the debt in its entirety. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

The landlord can change the rent amount for a tenancy subsequent to the agreement term by providing 60 days' written notice to the tenant of the change. A landlord can never change the rent amount during the agreement term.

Georgia law says that a landlord cannot make a tenant make or pay for repairs, unless that tenant, his/her family or guests caused the damage. For serious repair problems, local housing code departments can inspect for possible violations.

The landlord and tenant may only terminate a written lease according to its termination provisions. Such provisions describe the notice required for either party to terminate the lease before it is complete, as well as any penalties that a party must pay for doing so.

If your landlord wants to end your periodic tenancy, they usually have to give you 90 days' notice. In some cases, your landlord only has to give you 42 days' notice. They will need to tell you the reason why they're giving you less notice though.

For a landlord to terminate a tenancy early, the landlord must have cause, or a legal reason. In Georgia, those legal reasons are failing to pay rent or violating the terms of the lease or rental agreement.

Landlords and tenants in Georgia have different notice requirements. Landlords must always give 60-days' notice to terminate any lease. Tenants, on the other hand, only need to provide 30 days' notice in both cases.

Notice Requirements for Georgia Tenants You must provide 30 days' notice (half the notice that landlords must provide). Be sure to check your rental agreement which may require that your notice to end the tenancy be given on the first of the month or on another specific date.

A landlord can't force you to move out before the lease ends, unless you fail to pay the rent or violate another significant term, such as repeatedly throwing large and noisy parties. In these cases, landlords in Georgia must follow specific procedures to end the tenancy.

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Georgia Notice to Lessee of Right to Exercise Option to Terminate