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The residual value of the car will stay the same, meaning if you want to buy the car later, youll still have to pay the residual value despite depreciation. Extending the lease may incur fees and penalties. The longer you drive the car, the more likely it will be that it will need repairs.
It depends on the availability of the court officials and how fast they can respond once the Writ of Possession is released. Tenants have 7 days to vacate the property. On average, it would take anywhere between 14 days to 80 days for a complete eviction process.
As the end of that term approaches, decide whether youd like to stay. You have the right to not renew your lease and no legal reason compels you to renew. At the same time, the landlord is deciding whether to renew your lease agreement. She is under no obligation to renew it, even if you are a fine tenant.
How long can I extend the lease on my FLAT by? Under the 1993 Leasehold Reform Act, most flat-owners are legally entitled to get 90 years added to their lease at a fair market price.
You can ask the landlord to extend your lease at any time. You might be able to extend your lease by: 90 years on a flat if you qualify. 50 years on a house if you qualify.
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For a landlord to terminate a tenancy early, the landlord must have cause, or a legal reason. In Georgia, those legal reasons are failing to pay rent or violating the terms of the lease or rental agreement.
Notice Requirements for Georgia Landlords A landlord can simply give you a written notice to move, allowing you 60 days as required by Georgia law and specifying the date on which your tenancy will end.
A private landlord is not required to give a reason for refusing to extend or renew a lease unless the lease requires. But, the landlord cannot discriminate. If you and your landlord cannot docHub an agreement on a new lease or extension, you should plan to move when the lease ends.
Extension normally refers to a lengthening of time for an existing contract. Renewal normally contemplates an entirely new contract. This can be a distinction without a difference in some situations, but in complicated contracts it can have legal consequences.
At the end of a lease term a landlord can choose not to renew the existing lease or can offer the tenant a new lease with different terms, including an increase in rent. Georgia law does not limit the amount of rent a landlord can charge or the amount by which rent can be increased.

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