Georgia Commercial Lease Agreement

A Georgia Commercial Lease Agreement formalizes an agreement between a landlord and a commercial tenant in Georgia. This agreement is for using a property that can be used for business purposes, such as storefronts, offices, and warehouses. The lease agreement documents all the terms and conditions of the arrangement.

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Georgia Commercial Lease Agreement

Ensure compliance with state laws by downloading our professional Georgia Commercial Lease Agreement.

Notice Requirements 

  • Most commercial leases allow Georgia landlords to exercise early termination rights under certain circumstances. This will enable them to terminate the lease agreement in specific situations.
  • Tenants often have the option to terminate a lease early if they fail to pay rent or violate any lease agreement terms. Before terminating the lease, the notice and cure periods, as per the lease termination provisions, must be honored.
  • If a lessee rectifies a monetary default by submitting a late rent payment within the notice and cure period stated in the lease agreement, the financial default cannot serve as grounds for terminating the lease. 
  • The delivery of lease termination notices must comply with the lease terms. It’s important for landlords and tenants in Georgia to carefully consider the practical implications of terminating a lease alongside the legal impact and outcomes.

Landlord’s Duty to Maintain Habitable Commercial Premises

  • In Georgia, the tenant is entitled to utilize the premises, whereas the lessor is entitled to collect rent and uphold the property.
  • The tenants are responsible for maintaining the property in good condition, complying with the Georgia Commercial Lease Agreement terms, and promptly informing the landlord of any problems or concerns.
  • In Georgia, the landlord is responsible for the upkeep of the property’s structural integrity and ensuring its habitability while adhering to the building codes of the locality.

Procedures for Handling Abandoned Property

A written notice known as a Notice of Abandonment is issued when a tenant abandons a property or the property is considered abandoned. This notice proves that the tenant left the property before the end of the Georgia Commercial Lease Agreement without informing the landlord. In case of any legal action, having this documentation can be useful.

Following a specific process before re-occupying a rental property after it has been abandoned is important. Notifying the lessor in writing is only one step in this process, and failure to follow it correctly can result in legal action.