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About This Course
A career in property management demands a working knowledge of lease law, tenant rights, and the financial structures that govern rental relationships. This 3-hour course gives real estate professionals the foundational grounding needed to manage residential and commercial rentals in full compliance with legal standards, covering everything from lease types and common lease provisions to rental payment structures and habitability requirements.
Across three lessons, you'll work through the four main types of leases and their legal implications, examine the full range of rental payment structures from fixed and gross leases to percentage and index arrangements, and develop a clear understanding of tenant rights, fair housing obligations, ADA compliance, and antitrust laws in the context of leasing.
Scenario-based learning, integrated quizzes, and key term interactivity are built into each lesson to reinforce critical concepts and keep you moving forward. This course fulfills 3 hours of continuing education credit for real estate licensees in Georgia.
Topics Covered
Lesson 1: Leaseholds, Contracts & Lease Provisions
- Types of Leases
- Estate for years
- Periodic tenancy
- Estate at will
- Tenancy at sufferance
- Common Lease Provisions and Clauses
- Tenant’s use of property, fixtures. and repairs
- Assignment or subject to Renewal
- Landlord’s right to enter and inspect
- Grounds for termination
- Constructive eviction
- Implied order of habitability
- Tenant improvements and space modification
Lesson 2: Rental Payments
- Fixed or variable
- Gross or net
- Percentage
- Graduated
- Reappraisal
- Index
- Ground
- Mineral
Lesson 3: Tenant Rights, Habitability & Maintenance
- Property maintenance
- Tenant rights of safety and security
- Tenant right of fairness
- Antitrust laws in the context of leasing
What You’ll Learn
By the end of this course, learners will be able to:
- Differentiate between the four main types of leases (estate for years, periodic tenancy, estate at will, tenancy at sufferance) and explain their key characteristics and legal implications; evaluate common lease clauses and grounds for termination (including constructive eviction and implied warranty of habitability).
- Distinguish among fixed, variable, gross, net, modified gross, percentage, graduated, reappraisal, and index rents; compare expense allocations under different lease types; and assess variable rent adjustment mechanisms for inflation and market shifts.
- Recite tenant-protection terms and legal requirements; understand federal and state laws on fair housing, ADA, and warranty of habitability; and articulate the property manager’s responsibilities for safe, fair, and well-maintained rental environments
| Name: | Georgia Real Estate Commission and Appraisers Board |
| Phone: | 404-656-3916 |
| Fax: | 404-656-6650 |
| Website URL: | https://www.grec.state.ga.us/ |
| Email Address: | grecmail@grec.state.ga.us |
| Address: | 229 Peachtree Street, N.E.International Tower, Suite 1000 |
| City: | Atlanta |
| State: | GA |
| Zip: | 30303-1605 |
