Bill > HB687

This bill amends Georgia law regarding security deposits by requiring landlords to provide tenants with a comprehensive list of existing property damage and an itemized breakdown of all lease-related fees before the tenant pays a security deposit. The new requirement means that when a tenant is about to rent a property, the landlord must create a detailed document listing any pre-existing damages to the premises, which the tenant will have the right to review and inspect before taking occupancy. The tenant must then sign this list, acknowledging its accuracy, or provide a written statement specifying which items they dispute. This change aims to increase transparency in the rental process by ensuring tenants are fully informed about the condition of the property and the financial obligations associated with their lease before paying a security deposit, potentially helping to prevent misunderstandings or disputes between landlords and tenants about property condition and fees at the end of the tenancy.