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Found 212 matching documents.
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-30. Definitions
As used in this article, the term: (1) ‘‘Nonrefundable fee’’ means any money or other consideration paid or given by a tenant to a landlord under the terms of a residential rental agreement which the parties agreed would not be refunded. (2) ‘‘Residential rental agreement’’ means a contract, lease, or license agreement for the rental or use of real property...
Bill or resolution · Georgia House of Representatives · February 28, 2025 · Introduced
Property; landlord and tenant; security deposits; provisions
Summary by Georgia Commons (AI-written): A Georgia House bill would require landlords to give tenants an itemized list of all lease-related fees, along with the existing damage list, before collecting a security deposit.
House Bill 687 By: Representatives Crawford of the 89th, Oliver of the 84th, Willis of the 55th, Draper of the 90th, and Frye of the 122nd A BILL TO BE ENTITLED AN ACT To amend Article 2 of Chapter 7 of Title 44 of the Official Code of Georgia Annotated, relating to security deposits, so as to provide that prior to tendering a security deposit, the tenant...
SECTION 1. Article 2 of Chapter 7 of Title 44 of the Official Code of Georgia Annotated, relating to security deposits, is amended by revising subsection (a) of Code Section 44-7-33, relating to lists of existing defects and of damages during tenancy, inspection of premises by landlord upon termination of lease and vacation or surrender of premises, right...
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-34. Return of security deposit; grounds for retention of part; delivery of statement and sum due to tenant; unclaimed deposit; court determination of disposition of deposit
(a) Within 30 days after obtaining possession of the premises as provided in subsection (b) of Code Section 44-7-33, 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...
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-31. Placement of security deposit in trust in escrow account; notice to tenant of account location
Except as provided in Code Section 44-7-32, whenever a security deposit is held by a landlord or such landlord’s 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...
Meeting transcript · Georgia House Banks & Banking Committee · March 17, 2026
House Banks & Banking Committee, March 17, 2026
Summary by Georgia Commons (AI-written): The committee heard a presentation and public testimony on SB 424, which would recognize gold and silver as legal tender and establish a state-supervised system for storing and spending them. Members questioned costs, taxes, consumer protections, private competition and whether more study was needed. Witnesses offered opposing views on government involvement and safeguards. The chair announced that the bill would be tabled until the following week so members could seek more answers. No counted vote was stated.
Chairman? So, uh, also, when we're talking about using the, the, the, the depository, uh, what would be the fee? W- do we, do we have any idea what the fee would be to the, to the consumer that calls up and- I don't have a, I don't have a fee except what I have with one, this one vendor that I've been dealing with, and I'm not vendor specific. I think what...
Meeting transcript · Georgia House Judiciary Committee · February 5, 2026
House Judiciary Committee, February 5, 2026
Summary by Georgia Commons (AI-written): The committee approved five bills: HB 1121 on court-term dates in the Cordele Judicial Circuit, HB 948 on notices about surplus foreclosure proceeds, HB 979 on state jurisdiction over juvenile offenses at military installations, HB 545 on ordering appeal transcripts, and HB 1215 on adding a judge to the Middle Judicial Circuit. The committee also discussed a substitute for HB 1042, covering judicial privacy, special-master eligibility and foreclosure payments. Members questioned whether its payment changes would limit cash buyers or disadvantage smaller bidders. The chair deferred that bill until Monday to allow further work on the language. The five approvals were by voice vote, with no opposition heard.
You know, if you're bringing those 20 cashier's checks or large amounts of money, if it's lost, it's lost. Whereas if it's secure, no money's gonna get lost through a criminal act or, you know, somebody dropping a cashier's check. Last question. Is that happening? Um, I would, I would defer to the, the folks out in the market, but, um, these are the issues...
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-30.1. Limitation on security deposit
No landlord shall demand or receive a security deposit in an amount that exceeds the equivalent of two months’ rent.
Amendment · Georgia House of Representatives · September 25, 2026
Floor Amendment AM 52 0076 to HB 182
SECTION 2. Said title is further amended in Chapter 3, relating to authorization and general requirements for transaction of insurance, by revising subsection (b) of Code Section 33-3-8, relating to requirements as to deposit of securities generally, as follows: "(b)(1) Except as otherwise provided in this subsection, the amount of the deposit required...
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-35. Remedies for landlord’s noncompliance with article
(a) A landlord shall not be entitled to retain any portion of a security deposit if: (1) 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; (2) The initial damage list required by subsection (a) of Code Section 44-7-33 was not made and...
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-33. Lists of existing defects and of damages during tenancy; inspection of premises by landlord upon termination of lease and vacation or surrender of premises; right of tenant to inspect and dissent; action to recover security deposit
(a) Prior to tendering a security deposit, the tenant shall be presented with a comprehensive list of any existing damage to the premises which shall be for the tenant’s permanent retention. The tenant shall have the right to inspect the premises to ascertain the accuracy of such list prior to taking occupancy. The landlord and the tenant shall sign the...
Code section · Georgia General Assembly · active
O.C.G.A. § 44-7-32. Surety bond in lieu of escrow account; withdrawal of surety; fees; liability of clerk of superior court
(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...
Code section · Georgia General Assembly · active
O.C.G.A. § 7-1-289. Security for deposits
(a) A bank may pledge or otherwise grant security interests in its assets to secure deposits of: (1) Public funds; (2) Funds of a pension fund for employees of a public body of the state; (3) Funds for which a public body of the state or an officer or employee thereof or any court of law is the custodian or trustee pursuant to statute; (4) Funds held by the...
Code section · Georgia General Assembly · active
O.C.G.A. § 40-9-39. Custody, disposition, and return of deposit
(a) The department shall place any security deposited with it under this chapter in the general fund of the state treasury. Such security shall be applicable and available only: (1) For the payment of any settlement agreement covering any claim arising out of the accident upon instruction of the person who made the deposit; or (2) For the payment of a...
Code section · Georgia General Assembly · active
O.C.G.A. § 7-1-794. Deposits as security or in lieu of bond
Whenever, under the laws of this state or otherwise, a deposit of securities is required for any purpose, the deposits made legal investments by Code Section 7-1-793 shall be acceptable as such security; and, whenever, under the law of this state or otherwise, a bond is required with security, such bond may be furnished and the deposits made legal...
Code section · Georgia General Assembly · active
O.C.G.A. § 33-12-6. Deposit of securities in amounts exceeding required or permitted deposit
An insurer may deposit eligible securities in an amount exceeding its deposit required or otherwise permitted under this title by not more than $100,000.00 for the purpose of absorbing fluctuations in the value of securities held in its deposit and to facilitate the exchange and substitution of securities deposited. During the solvency of the insurer any...
Code section · Georgia General Assembly · active
O.C.G.A. § 53-12-292. Deposit of securities in clearing corporation
(a) Any fiduciary holding securities in its fiduciary capacity, any bank or trust company holding securities as a custodian or managing agent, and any bank or trust company holding securities as custodian for a fiduciary shall be authorized to deposit or arrange for the deposit of the securities in a clearing corporation, as defined in Article 8 of Title...
Code section · Georgia General Assembly · active
O.C.G.A. § 40-9-36. Amount of security; designation of persons for whom deposit made; reduction or increase in amount
(a) The security under this chapter shall be in such amount as the department may require, but in no case in excess of the limits specified in subsection (a) of Code Section 40-9-37. Every depositor of security shall designate in writing every person on whose behalf the deposit is made and may at any time change such designation, in writing, to include an...
Code section · Georgia General Assembly · active
O.C.G.A. § 53-12-421. Rental property
To the extent that a trustee accounts for receipts from rental property pursuant to this Code section, the trustee shall allocate to income an amount received as rent of real or personal property, including an amount received for cancellation or renewal of a lease. An amount received as a refundable deposit, including a security deposit or a deposit that is...
Code section · Georgia General Assembly · active
O.C.G.A. § 33-24-49. Deposit of funds covered by bonds
It shall be lawful for any party of whom a bond, undertaking, or other obligation is required to agree with his surety or sureties for the deposit of any or all moneys and assets for which he and his surety or sureties are or may be held responsible with a bank, savings bank, safe-deposit, or trust company authorized by law to do business as such or with...
Code section · Georgia General Assembly · active
O.C.G.A. § 45-8-13. Deposit of funds in banks or depositories — Deposit of securities by banks or depositories; contract as to interest or compensation
(a) Any depository in this state is authorized to give such bond or to secure deposits of public funds by deposits of securities, whether the securities are owned by the depository into which the public funds are deposited or are owned by another bank, and the proper authorities are authorized to make contracts with depositories as to interest or...
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