What types of rental agreements are legally binding?

In Georgia, a rental agreement is a legally binding document between a landlord and a tenant. The document outlines the terms and conditions for renting a property and the rights and responsibilities of both parties. The most common type of rental agreement is a written lease, or rental contract. A written lease is binding under Georgia law and should be signed by both parties. Written leases typically include the duration of the lease agreement, the rental amount, the payment due date, and any additional terms and conditions agreed upon by the landlord and tenant. Another legally binding agreement is a verbal rental agreement. Although verbal agreements are not recommended, they are still binding under Georgia law and include the same responsibilities for both parties as a written lease. However, verbal agreements do not have as much legal protection as written leases. Finally, there are month-to-month rental agreements, which are also legally binding and must be followed by both the landlord and the tenant. Month-to-month rental agreements automatically renew themselves each month unless either party gives written notice prior to the end of the rental period. With month-to-month leases, the landlord has the right to increase the rental amount with 30 days’ notice. It is important to understand the legal rights and responsibilities of both the landlord and the tenant when entering into a rental agreement. Although not recommended, verbal agreements are still binding under Georgia law. Written leases and month-to-month rental agreements are also legally binding and should be followed accordingly.

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