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Updated over 4 years ago on . Most recent reply

User Stats

11
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8
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Sean Rosenbaum
  • Real Estate Agent
  • Atlanta, GA
8
Votes |
11
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Early Termination Requirements in Lease Agreements in Georgia

Sean Rosenbaum
  • Real Estate Agent
  • Atlanta, GA
Posted

I'm looking for some experienced or knowledgeable landlords / property managers to lend some insight here.  In nearly all of the lease agreements I've seen from friends, family, and other landlords, I've always seen some sort of early termination clause in a lease agreement that states something to the effect of "Must give 60 days notice and Resident will incur a fee not to exceed 2 months rent."  I've never - until today - seen a lease agreement that doesn't offer an early termination clause. "Resident shall not have the right to terminate this Lease early unless early termination is governed under local laws."

Is there any Georgia Law that would stipulate a early termination in the context of this lease?

Thanks for any responses.

Most Popular Reply

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72
Posts
35
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Kadeem Wells
  • Real Estate Agent
  • Atlanta, GA
35
Votes |
72
Posts
Kadeem Wells
  • Real Estate Agent
  • Atlanta, GA
Replied
Originally posted by @Sean Rosenbaum:

I'm looking for some experienced or knowledgeable landlords / property managers to lend some insight here.  In nearly all of the lease agreements I've seen from friends, family, and other landlords, I've always seen some sort of early termination clause in a lease agreement that states something to the effect of "Must give 60 days notice and Resident will incur a fee not to exceed 2 months rent."  I've never - until today - seen a lease agreement that doesn't offer an early termination clause. "Resident shall not have the right to terminate this Lease early unless early termination is governed under local laws."

Is there any Georgia Law that would stipulate a early termination in the context of this lease?

Thanks for any responses.

 Hey I'm a real estate agent here in Georgia and I have a few years of experience in property management. First you have to remember a lease is a contract. so to move out early is a breach of contract so there really is no need to have that clause in this state. There are 4 ways a tenant can legally break the contract without your approval. 1 you failed to make necessary repairs leaving the home unsafe, 2 the tenant is a victim of domestic violence, 3 the tenant is going into the military, 4 you harass the tenant and they can prove it in court. outside of those reasons Georgia is very landlord friendly so you shouldn't have any issues keeping the deposit or charging for damages.

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