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State laws regulate the relationship between landlords and tenants, which primarily involves a contractual agreement between the two parties. Georgia's lease and rental agreement laws are fairly standard, at least compared with other states, but Georgia has not signed onto the Residential Landlord and Tenant Act (a piece of model legislation adopted by most U.S. states).
Lease terms typically run for about a year, and payment of rent after the expiration of a one-year lease implies a one-year renewal of the lease. Therefore, you will need to draft a new agreement -- in writing -- if you wish to rent for a shorter period. In fact, all terms and requirements must be in writing in order to be legally binding.
Georgia law also requires security deposits to be held in an escrow account, as opposed to being deposited into the landlord's own account. Any damages will be subtracted from the deposit, with the balance to be paid within 30 days of the lease termination.
Sources: https://statelaws.findlaw.com/georgia-law/georgia-leases-and-rental-agreements-laws.html
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