Legal Question in Real Estate Law in Georgia
lease deposits
Last year we signed a lease agreement and had to pay about $3000 down. Our lease is about up, if we don't buy the house ( if we can't get a mortgage'' are we entitled to that ''downpayment back''?
2 Answers from Attorneys
Re: lease deposits
It depends on the terms of the lease agreement. There are probably conditions that must be met in order to get back your deposit.
If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.
The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.
Glenn M. Lyon, Esq
MacGregor Lyon, LLC
Promenade II
1230 Peachtree Street NE
Suite 1900
Atlanta Georgia 30309
Phone 404.942.3545
Fax 404.795.0993
www.macgregorlyon.com
Re: lease deposits
The answer will depend on what the lease says about the issue. You should have a local attorney review the agreement.
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