Fill and Sign the Settlement Statements Explained Buyer Land Title Guarantee Form

U.S. Legal Forms, Inc. http://www.uslegalforms.com Form GA-864LT Residential Lease Agreement, Page 1 GEORGIA RESIDENTIAL LEASE AGREEMENT This Residential Lease Agreement (hereinafter “Lease”) is entered into this the ____ day of _____________________, 20____, by and between the Lessor: ______________________________________, (hereinafter referred to as “Landlord”), and the Lessee(s): ______________________________________________________________________________________. All Lessees (hereinafter referred to collectively as “Tenant”), are jointly, severally and individually bound by, and liable under, the terms and conditions of this Lease. For the valuable consideration described below, the sufficiency of which is hereby acknowledged, Landlord and Tenant do hereby covenant, contract and agree as follows: 1. GRANT OF LEASE: Landlord does hereby lease unto Tenant, and Tenant does hereby rent from Landlord, solely for use as a personal residence, excluding all other uses, the personal residence located in __________________ County, Georgia, with address of: ________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________, including the following items of personal property: ________________________________________________ ________________________________________________________________________________________________. 2. NATURE OF OCCUPANCY: As a special consideration and inducement for the granting of this Lease by the Landlord to the Tenant, the personal residence described above shall be used and occupied only by the members of the Tenant’s family or others whose names and ages are set forth below: ________________________________________________ ________________________________________________________________________________________________________________________________________________. 3. TERM OF LEASE: This Lease shall commence on the ____ day of ___________________, 20____, and extend until its expiration on the ____ day of _________________, 20____, unless renewed or extended pursuant to the terms herein. 4. SECURITY DEPOSIT: Upon execution of this Lease, Tenant shall deposit the sum of $___________ to be held by Landlord as a security deposit for reasonable cleaning of, and repair of damages to, the premises upon the expiration or termination of this Lease, or other reasonable damages resulting from a default by Tenant. Tenant shall be liable to Landlord for all damages to the leased premises upon the termination of this Lease, or
Any other reasonable damages resulting from a default by tenant. 5. Insurance: tenant shall maintain on the premises all required insurance covering a total loss of the premises amounting to no more than one hundred thousand dollars (100,000). 6. Reasonable repairs and maintenance: tenant shall maintain, repair and furnish the premises, and in addition to the provisions of the lease and with authority from the landlord or the property management company, as the case may be, shall undertake reasonable repair and maintenance to maintain the premises in compliance with the terms and conditions of the lease and shall not, other than in an emergency of a nature that the landlord has deemed necessary for personal safety, alter the premises, except for necessary or lawful repair in accordance with the terms and conditions of the lease. For the reasons stated herein, tenant is hereby obligated to keep a copy of the written lease and shall deliver the same to landlord upon termination of this lease. 7. Reasonable security: upon execution of this lease, tenant shall provide a surety bond, on a surety company or surety company-authorized basis, for one hundred dollars (100) in favor of landlord, naming all the following: landlord's former spouse, or any cohabitant; tenant's former spouse; tenant's child or grandchildren; tenant's dependent children; tenant's brother or sister; landlord's parents; any other person authorized, by the terms of the original lease, to receive the payments from tenant; and an organization designated by the United States Postal Service within ninety (90) days after the effective date of this lease, to pay for, and not to be liable for, any liability resulting from the failure of the tenant or tenant's cohabitant, dependent or other person to maintain proper custody of the property leased to the tenant, or tenant's cohabitant, dependent or other person, to pay for or not to be liable for the property: any repairs or maintenance the tenant is obligated to make or cause to be made. 8. Exclusivity: this lease is exclusive. 8-a. Waiver of the lease for certain reasons: tenant shall be responsible for all damages resulting from any breach of the obligations, terms and conditions of, or failure to comply with, the provisions of this lease, except as otherwise provided for in this lease. 8-b. Breach of agreement by tenant: if tenant is obligated to make repairs or restore the property as required and fails to do so, then landlord has the option of either: 1. Ceasing to.