Georgia Delay Rental Payment Agreement for Multiple Owners Directing Payment of Rentals Provided For in A Lease to An Agent

State:
Multi-State
Control #:
US-OG-017
Format:
Word; 
Rich Text
Instant download

Description

This agreement provides for owners to designate an agent to receive rentals provided for in a lease. This form may be used by related parties who wish to designate one agent to handle all rental payments and make regular disbursements.

How to fill out Delay Rental Payment Agreement For Multiple Owners Directing Payment Of Rentals Provided For In A Lease To An Agent?

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FAQ

In Georgia, there is no maximum late fee for overdue invoices. After a balance becomes overdue, Georgia businesses may immediately apply late fees without the need for a grace period. However, many businesses allow seven days of grace as a goodwill gesture.

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.

You must pay your rent on the date stated on the lease and agreed upon by you and the landlord. A grace period is a matter of agreement between you and the landlord. There is no law that says there must be an agreement that allows you extra time to pay the rent without breaching the lease or rental agreement.

A clause in an oil & gas lease that allows the lessee to pay an amount (delay rental) to the lessor to postpone commencement of drilling operations during the primary term of the lease to keep it in effect.

A clause in an oil & gas lease that allows the lessee to pay an amount (delay rental) to the lessor to postpone commencement of drilling operations during the primary term of the lease to keep it in effect.

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Georgia Delay Rental Payment Agreement for Multiple Owners Directing Payment of Rentals Provided For in A Lease to An Agent