Georgia Renewal Option Provision

State:
Multi-State
Control #:
US-OL24014
Format:
Word; 
PDF
Instant download

Description

This office lease clause provides the tenant with two consecutive renewal options each consisting of five years, under the same terms and conditions as those set forth in the lease for the initial term, except that Base Rent for the renewal terms differ.

How to fill out Renewal Option Provision?

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FAQ

Gather What You'll Need Original documentation showing your identity, residential address, Social Security number, and U.S. citizenship or proof of lawful status in the United States. ... Your current license, ID, or permit. Renewal fee, paid for in cash or by credit card (Check fees and terms for more information.)

§ 43-26-9 - Biennial renewal of licenses; continuing competency requirements; voluntary surrender or failure to renew license; restoration and reissuance of license. (a) Licenses issued under this article shall be renewed biennially ing to schedules and fees approved by the board.

Automatic renewal provisions require you to tell a business that you do not want to renew your contract with them. If you do not cancel the contract before the cancellation deadline, your contract will be renewed for another term, and you will be required to continue paying for the particular good or service.

Section 13-12-3 - Notice to consumer prior to automatic renewal of a service contract (a) Any seller that sells, leases, or offers to sell or lease any service to a consumer pursuant to a service contract for a specified period of 12 months or more and that automatically renews for a specified period of more than one ...

Typically, the service provider will provide a legally binding auto-renewal contract for the customer to sign/e-sign/certify in writing or legally binding digital formats. Can customers dispute auto-renewal charges? In short, yes. It is possible to for customers to dispute auto-renewal charges.

An automatic renewal clause (sometimes referred to as an evergreen or self-renewal clause) is a contractual provision that operates at the end of a contract's current term to automatically extend the term for a specified period of time, unless one of the parties provides notice of its intent not to renew.

Typically, an auto-renewal/evergreen clause might take the following form: "Each Term shall automatically renew for subsequent period of the same length as the initial Term unless either party gives the other written notice of termination at least (30) days prior to expiration of the current term."

?Automatic renewal provision? means a provision under which a service contract is renewed for a specified period of more than one month if the renewal causes the service contract to be in effect more than six months after the day of the initiation of the service contract.

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Georgia Renewal Option Provision