Legal Question in Business Law in Georgia
breach of vebal agreement
I rented my lower level of my commercial building to a lady that does special needs, she was taking children without special needs. which was conflicting with my daycare upstairs, so she was stilling clients from me, and she was working under my state license. I termated our agreement and she wants her lease deposit. Do I have to give her the deposit, and do I have to give her 30 days
2 Answers from Attorneys
Re: breach of vebal agreement
Regarding the deposit, you must either return the deposit or provide an itemization what you spent it on to the tenant within one month after they move out. Regarding the notice, if the tenant has breached the lease agreement (whether verbal or in writing), you do not have to provide any particular notice. However, if the tenant is not in breach and you simply want to terminate the lease, you will have to provide at least 60 days' notice.
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Re: breach of vebal agreement
What are the terms of your agreement regarding notice and the deposit? You do not say a word about it. That is just one of many problems when you do not put your business agreements in writing. A judge would certainly ask for all details of the agreement if you filed a collection suit. Your best option is probably to work it out amicably and view it as a lesson learned.
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