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State of Georgia Landlord Tenant Law - Security Deposits
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State of Georgia Landlord Tenant Law
Official Code 44-7
The Statutes posted are current through the 2001 Regular Session of the General Assembly. However, the Statutes posted from the 2001 Regular Session may not yet be in effect. Users of this service should note that the effective date of the Statutes are not listed on this service and are advised to verify the effective date of any Statutes posted on this Web Site. Any person or entity who relies on information obtained solely from this Site does so at his or her own risk.

44-7-30 G
*** CODE SECTION ***  12/03/01

  44-7-30.

  As used in this article, the term:

    (1) "Residential rental agreement" means a contract, lease, or
    license agreement for the rental or use of real property as a
    dwelling place.

    (2) "Security deposit" means money or any other form of security
    given after July 1, 1976, by a tenant to a landlord which shall be
    held by the landlord on behalf of a tenant by virtue of a
    residential rental agreement and shall include, but not be limited
    to, damage deposits, advance rent deposits, and pet deposits. The
    term "security deposit" does not include earnest money or pet fees
    which are not to be returned to the tenant under the terms of the
    residential rental agreement.
 
 

44-7-31 G
*** CODE SECTION ***  12/03/01

  44-7-31.

  Except as provided in Code Section 44-7-32, whenever a security
  deposit is held by a landlord or his agent on behalf of a tenant,
  such security deposit shall be deposited in an escrow account
  established only for that purpose in any bank or lending institution
  subject to regulation by this state or any agency of the United
  States government. The security deposit shall be held in trust for
  the tenant by the landlord or his agent except as provided in Code
  Section 44-7-34. Tenants shall be informed in writing of the
  location and account number of the escrow account required by this
  Code section.
 
 

44-7-32 G
*** CODE SECTION ***  12/03/01

  44-7-32.

  (a) As an alternative to the requirement that security deposits be
  placed in escrow as provided in Code Section 44-7-31, the landlord
  may post and maintain an effective surety bond with the clerk of the
  superior court in the county in which the dwelling unit is located.
  The amount of the bond shall be the total amount of the security
  deposits which the landlord holds on behalf of the tenants or
  $50,000.00, whichever is less. The bond shall be executed by the
  landlord as principal and a surety company authorized and licensed
  to do business in this state as surety. The bond shall be
  conditioned upon the faithful compliance of the landlord with Code
  Section 44-7-34 and the return of the security deposits in the event
  of the bankruptcy of the landlord or foreclosure of the premises and
  shall run to the benefit of any tenant injured by the landlord's
  violation of Code Section 44-7-34.

  (b) The surety may withdraw from the bond by giving 30 days' written
  notice by registered or certified mail or statutory overnight
  delivery to the clerk of the superior court in the county in which
  the principal's dwelling unit is located, provided that such
  withdrawal shall not release the surety from any liability existing
  under the bond at the time of the effective date of the withdrawal.

  (c) The clerk of the superior court shall receive a fee of $5.00 for
  filing and recording the surety bond and shall also receive a fee of
  $5.00 for canceling the surety bond. The clerk of the superior court
  shall not be held personally liable should the surety bond prove to
  be invalid.
 
 

44-7-33 G
*** CODE SECTION ***  12/03/01

  44-7-33.

  (a) Prior to tendering a security deposit, the tenant shall be
  presented with a comprehensive list of any existing damage to the
  premises, which list shall be for the tenant's permanent retention.
  The tenant shall have the right to inspect the premises to ascertain
  the accuracy of the list prior to taking occupancy. The landlord and
  the tenant shall sign the list and this shall be conclusive evidence
  of the accuracy of the list but shall not be conclusive as to latent
  defects. If the tenant refuses to sign the list, the tenant shall
  state specifically in writing the items on the list to which he
  dissents and shall sign such statement of dissent.

  (b) Within three business days after the date of the termination of
  occupancy, the landlord or his agent shall inspect the premises and
  compile a comprehensive list of any damage done to the premises
  which is the basis for any charge against the security deposit and
  the estimated dollar value of such damage. The tenant shall have the
  right to inspect the premises within five business days after the
  termination of the occupancy in order to ascertain the accuracy of
  the list. The landlord and the tenant shall sign the list, and this
  shall be conclusive evidence of the accuracy of the list. If the
  tenant refuses to sign the list, he shall state specifically in
  writing the items on the list to which he dissents and shall sign
  such statement of dissent. If the tenant terminates occupancy
  without notifying the landlord, the landlord may make a final
  inspection within a reasonable time after discovering the
  termination of occupancy.

  (c) A tenant who disputes the accuracy of the final damage list
  given pursuant to subsection (b) of this Code section may bring an
  action in any court of competent jurisdiction in this state to
  recover the portion of the security deposit which the tenant
  believes to be wrongfully withheld for damages to the premises. The
  tenant's claims shall be limited to those items to which the tenant
  specifically dissented in accordance with this Code section. If the
  tenant fails to sign a list or to dissent specifically in accordance
  with this Code section, the tenant shall not be entitled to recover
  the security deposit or any other damages under Code Section
  44-7-35, provided that the lists required under this Code section
  contain written notice of the tenant's duty to sign or to dissent to
  the list.
 
 

44-7-34 G
*** CODE SECTION ***  12/03/01

  44-7-34.

  (a) Except as otherwise provided in this article, within one month
  after the termination of the residential lease or the surrender and
  acceptance of the premises, whichever occurs last, a landlord shall
  return to the tenant the full security deposit which was deposited
  with the landlord by the tenant. No security deposit shall be
  retained to cover ordinary wear and tear which occurred as a result
  of the use of the premises for the purposes for which the premises
  were intended, provided that there was no negligence, carelessness,
  accident, or abuse of the premises by the tenant or members of his
  household or their invitees or guests. In the event that actual
  cause exists for retaining any portion of the security deposit, the
  landlord shall provide the tenant with a written statement listing
  the exact reasons for the retention thereof. If the reason for
  retention is based on damages to the premises, such damages shall be
  listed as provided in Code Section 44-7-33. When the statement is
  delivered, it shall be accompanied by a payment of the difference
  between any sum deposited and the amount retained. The landlord
  shall be deemed to have complied with this Code section by mailing
  the statement and any payment required to the last known address of
  the tenant via first class mail. If the letter containing the
  payment is returned to the landlord undelivered and if the landlord
  is unable to locate the tenant after reasonable effort, the payment
  shall become the property of the landlord 90 days after the date the
  payment was mailed. Nothing in this Code section shall preclude the
  landlord from retaining the security deposit for nonpayment of rent
  or of fees for late payment, for abandonment of the premises, for
  nonpayment of utility charges, for repair work or cleaning
  contracted for by the tenant with third parties, for unpaid pet
  fees, or for actual damages caused by the tenant's breach, provided
  the landlord attempts to mitigate the actual damages.

  (b) In any court action in which there is a determination that
  neither the landlord nor the tenant is entitled to all or a portion
  of a security deposit under this article, the judge or the jury, as
  the case may be, shall determine what would be an equitable
  disposition of the security deposit; and the judge shall order the
  security deposit paid in accordance with such disposition.
 
 

44-7-35 G
*** CODE SECTION ***  12/03/01

  44-7-35.

  (a) A landlord shall not be entitled to retain any portion of a
  security deposit if the security deposit was not deposited in an
  escrow account in accordance with Code Section 44-7-31 or a surety
  bond was not posted in accordance with Code Section 44-7-32 and if
  the initial and final damage lists required by Code Section 44-7-33
  are not made and provided to the tenant.

  (b) The failure of a landlord to provide each of the written
  statements within the time periods specified in Code Sections
  44-7-33 and 44-7-34 shall work a forfeiture of all his rights to
  withhold any portion of the security deposit or to bring an action
  against the tenant for damages to the premises.

  (c) Any landlord who fails to return any part of a security deposit
  which is required to be returned to a tenant pursuant to this
  article shall be liable to the tenant in the amount of three times
  the sum improperly withheld plus reasonable attorney's fees;
  provided, however, that the landlord shall be liable only for the
  sum erroneously withheld if the landlord shows by the preponderance
  of the evidence that the withholding was not intentional and
  resulted from a bona fide error which occurred in spite of the
  existence of procedures reasonably designed to avoid such errors.
 
 

44-7-36 G
*** CODE SECTION ***  12/03/01

  44-7-36.

  Code Sections 44-7-31, 44-7-32, 44-7-33, and 44-7-35 shall not apply
  to rental units which are owned by a natural person if such natural
  person, his or her spouse, and his or her minor children
  collectively own ten or fewer rental units; provided, however, that
  this exemption does not apply to units for which management,
  including rent collection, is performed by third persons, natural or
  otherwise, for a fee.
 
 

44-7-37 G
*** CODE SECTION ***  12/03/01

  44-7-37.

  Notwithstanding any other provision of this chapter, if a person is
  on active duty with the United States military and enters into a
  residential lease of property for occupancy by that person or that
  person's immediate family and subsequently receives permanent change
  of station orders or temporary duty orders for a period in excess of
  three months, any liability of the person for rent under the lease
  may not exceed:

    (1) Thirty days' rent after written notice and proof of the
    assignment are given to the landlord; and

    (2) The cost of repairing damage to the premises caused by an act
    or omission of the tenant.
 
 
State of Georgia Landlord Tenant Law - Security Deposits
Also Georgia Landlord Tenant Law
Also Georgia Eviction Law
Georgialandlord.com GA Landlord Resources

RentList.net   Atlanta Property Managers
AtlantaRentalHomes Advertise or Rent one