Georgia Commercial Lease Agreement

GA property managers, draw up a contract with a commercial landlord with this downloadable Georgia Commercial Property Leasing and Management Agreement.

• The manager is retained on an exclusive basis to rent, lease and manage the rental property.
• The manager will be paid a percentage of the monthly rental amount for the property. If the manager undertakes additional work outside the scope of its duties, additional fees will be payable.
• The owner authorizes the manager to collect rents, sign leases, issue late payment notices, undertake eviction proceedings, purchase supplies, make repairs, and pay all recurring bills on the property.
• The manager will maintain two trust accounts, one for the security deposits and one for the operating funds.
• The property owner indemnifies the manager against claims arising from managing the property, including claims arising from the owner not making full disclosure about the property.
• The manager is authorized to put in place fire, liability, steam boiler, pressure vessel and any other type of insurance required to be maintained on the property.

Commercial landlords in Georgia can use this standard form of Guaranty to obtain a personal guarantee of a tenant's performance under a commercial lease.

• The Guaranty is a condition precedent to the landlord executing the lease.
• This is a continuing guaranty that will survive any extension, modification or assignment of the lease, and it will remain in force until all payments required by the lease have been paid to the landlord.
• The guarantor waives the right to any notice of the tenant's nonpayment and any subrogation rights against the landlord.

To download a copy of the Georgia Guaranty of Commercial Lease, just add it to your shopping cart and checking out using one of the payment options provided.

Cancel a business lease of office or retail space with this Georgia Mutual Cancellation of Commercial Lease template.

• This agreement is for commercial tenants only. You need a different form for residential rental properties.
• Both the lessor and lessee mutually agree to terminate the lease as of a specific date.
• The cancellation of the lease extinguishes all the rights and obligations of the parties under the lease, except for those which accrue prior to the termination date.
• This form is available in MS Word format.
• Intended to be used only in the State of Georgia.

Sublet all or part of your business space to a subtenant with this Georgia Commercial Sublease Agreement.

• The Sublease template can be used for office, retail, warehouse or other business premises.
• The subtenant pays a security deposit and the monthly rent to the principal tenant, who in turn pays the landlord.
• The principal tenant must still perform its obligations under the head lease.
• The principal tenant assigns its interest in the sublease to the landlord.
• If the principal tenant defaults in any of its obligations under the head lease, the subtenant is directed to pay the rent directly to the landlord.
• This legal form template is available in MS Word format.
• Intended for use only in the State of Georgia.