This office lease clause states that the amount of the security deposit shall be increased to reflect the increase in Base Rent. The Owner shall at all times have and maintain two full months' Base Rent as security.
Georgia Clause Providing for the Periodic Increase in the Tenant Security to Reflect Increases in Base Rent
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FAQ
Georgia Landlord Tenant Laws, set forth in Georgia Code Title 44, Chapter 7 governs the rental of residential property and the rights and responsibilities of property owners and tenants.
What does O.C.G.A. Section 44-1-13 provide? The owner of private property, or his or her authorized agent, has the right to have your motor vehicle removed from that property if you parked there without authorization and a notice was posted informing you that it may be removed at your expense.
A commercial escalation clause is always included in commercial real estate leases. It allows the landlord to increase the rate of your rent ing to a specific timeline or ing to certain triggers included in the clause.
Georgia housing discrimination laws Georgia landlords must adhere to the Federal Fair Housing Act and cannot discriminate against tenants based on protected characteristics such as race, color, national origin, religion, sex, familial status (presence of children under 18 or pregnant women), and disability/handicap.
Are There Any Limits To Rent Increases In Georgia? No, they aren't. Landlords can increase rent prices as much as they want. Georgia has not imposed a cap on the amount that property owners can request for a rental unit.
(1) ?Nonrefundable fee? means any money or other consideration paid or given by a tenant to a landlord under the terms of a residential rental agreement which the parties agreed would not be refunded.
Georgia Landlord Tenant Laws ? Security Deposit Georgia Landlord Tenant Law, under 44-7-34 requires that a security deposit be returned to the tenant upon termination of the tenancy, except for any damages caused by the tenant.
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.
