This letter informs a franchisee that he/she is in default of a franchise agreement and failure to take timely action to cure each of the defaults listed in the letter will result in the franchisor taking remedial actions as granted in the agreement.
Georgia Form Letters - Notice of Default
State:
Multi-State
Control #:
US-7-02-1-STP
Format:
Word;
Rich Text
Instant download
Description
How to fill out Form Letters - Notice Of Default?
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FAQ
Property § 44-7-33. (a) Prior to tendering a security deposit, the tenant shall be presented with a comprehensive list of any existing damage to the premises which shall be for the tenant's permanent retention.
A ?default? is a failure to comply with a provision in the lease. ?Curing? or ?remedying? the default means correcting the failure or omission. A common example is a failure to pay the rent on time.
Landlord's Duties as to Repairs and Improvements. The landlord must keep the premises in repair. He shall be liable for all substantial improvements placed upon the premises by his consent.
If there is a tenancy-at-will, the landlord must give the tenant sixty (60) days' notice telling them to leave. If the landlord is willing to allow the tenant to remain but wishes to begin charging rent, the tenant must be given sixty (60) days' notice to start a new tenancy-at-will requiring rent payments.
Accrual of Interest on Rent Owed. All contracts for rent shall bear interest from the time the rent is due. History.
Your landlord is responsible for repairs to keep the property in good condition. 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.
Property § 44-7-1. (a) The relationship of landlord and tenant is created when the owner of real estate grants to another person, who accepts such grant, the right simply to possess and enjoy the use of such real estate either for a fixed time or at the will of the grantor.
Tenancy at Will ? Notice Required for Termination. Sixty days' notice from the landlord or 30 days' notice from the tenant is necessary to terminate a tenancy at will.
