Fillable Printable Condominium Lease Agreement - Georgia

Condominium Lease Agreement - Georgia

CONDOMINIUM LEASE AGREEMENT (GEORGIA)

THIS AGREEMENT made effective as of the _____ day of ______________, _______.

BETWEEN:

[NAME OF LESSOR]

[address]

(“Landlord”)

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[NAME OF LESSEE]

[address]

(“Tenant”)

PROPERTY TO BE LEASED:

________________________ [ADDRESS OF CONDOMINIUM PROPERTY]

(“Condominium”)

WHEREAS, Landlord and Tenant hereby agree to the following terms and provisions:

1. The Condominium

1.1 Landlord hereby agrees to lease to Tenant, and Tenant hereby agrees to lease from Landlord, the

above described Condominium.

2. Term of the Lease

2.1 Landlord shall lease the Condominium to Tenant for a term of _________________ (________)

months [insert the number of months in both words and numerals], commencing on the ________ day

of _____________________, ______ and ending on the __________ day of ___________________,

________ at _____________________ [a.m./p.m.].

3. Lease Payments

3.1 Tenant shall pay to Landlord a total sum of ________________ dollars ($_____________) rent for

the term, which rent shall be paid in equal monthly installments of ______________ dollars

($_____________) per month, due and payable on the first (1

) day of each rental month during

the term of this Lease, without deduction or demand.

4. Late Payments; Delinquent Payments

4.1 Should Landlord elect to accept a late payment from Tenant, Tenant shall pay to Landlord a late

fee of __________ dollars ($__________), which may be charged as additional rent.

4.2 If Tenant’s check is dishonored by the bank, Tenant shall pay Landlord a handling charge of

____________ dollars ($________). Upon Landlord’s request, Tenant may also be required to pay

to Landlord a late charge. Any returned checks shall be redeemed by cash, a cashier’s check,

certified check, or money order. If more than two (2) checks are returned, Tenant shall pay any

and all future rent payments and any other charges in the form of cash, cashier’s check, certified

check, or money order.

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5. Security Deposit

5.1 Tenant shall pay to Landlord a security deposit of _____________ dollars ($____________), as

security for Tenant’s fulfillment of the terms and conditions of this Agreement. Landlord shall

return such security deposit to Tenant within thirty (30) days after the Condominium is vacated,

if the following conditions have been met:

a. the lease term has expired or this Agreement has been mutually terminated by both

parties; and

b. all monies due to Landlord by Tenant have been paid; and

c. the Condominium is not damaged and was returned to Landlord in the same condition

as existed at the commencement of this Agreement, normal wear and tear excepted.

5.2 Landlord may apply the security deposit to satisfy any or all of Tenant’s obligations, and such

application shall not prevent Landlord from claiming any damages in excess of the deposit

amount.

5.3 Tenant shall not apply the security deposit to any rent payment and Tenant shall pay

____________ dollars ($__________) for the installation of new locks if all keys are not returned

upon termination of this Agreement. Tenant hereby acknowledges receipt of _________________

(____________) [insert the number of keys Tenant receives in both words and numerals] keys from

Landlord.

THIS IS A 7-PAGE LEASE.