Navigating the intricacies of leasing residential real estate in Georgia requires a solid understanding of the Georgia Contract for the Lease of Residential Real Property, commonly referred to as form RE120. This document lays the foundational agreement between a landlord, referred to as "Landlord," and a tenant, referred to as "Tenant," for renting residential property. It outlines the essential elements of the lease agreement, such as the identification of the parties involved, the description of the leased property, the term of the lease including renewal options, and conditions under which the lease can be renewed or terminated. Also, the form addresses the responsibilities of both parties regarding the maintenance of the property, management of the security deposit, handling late payments, and other charges that may arise during the tenancy. It details provisions for the delivery of possession by the landlord, property management responsibilities, and the handling of the security deposit. Additionally, it touches on conditions for early termination, use of the property, and the condition of the property upon return to the landlord. Understanding this contract is crucial for both landlords and tenants to ensure their rights are protected during the leasing period.
| Question | Answer |
|---|---|
| Form Name | Form RE-120 |
| Form Length | 12 pages |
| Fillable? | No |
| Fillable fields | 0 |
| Avg. time to fill out | 3 min |
| Other names | editable form re120, form re120 contract for the lease of residential real propertycopyright, georgia contract for the lease of residential real property, form re 120 |