Georgia § 11-2a-208 Modification, rescission, and waiver

Georgia Statutes

§ 11-2a-208 — Modification, rescission, and waiver

Georgia § 11-2a-208

Title11

This text of Georgia § 11-2a-208 (Modification, rescission, and waiver) is published on Counsel Stack Legal Research, covering Georgia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

O.C.G.A. § 11-2a-208 (2026).

Text

(1)An agreement modifying a lease contract needs no consideration to be binding.

(2)A signed lease agreement that excludes modification or rescission except by a signed record may not be otherwise modified or rescinded, but, except as between merchants, such a requirement on a form supplied by a merchant must be separately signed by the other party.

(3)The requirements of the statute of frauds section of this article (Code Section 11-2A-201 ) must be satisfied if the contract as modified is within its provisions.

(4)Although an attempt at modification or rescission does not satisfy the requirements of subsection (2) of this Code section, it may operate as a waiver.

(5)A party who has made a waiver affecting an executory portion of a lease contract may retract the waiver by reasonable

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(1) An agreement modifying a lease contract needs no consideration to be binding. (2) A signed lease agreement that excludes modification or rescission except by a signed record may not be otherwise modified or rescinded, but, except as between merchants, such a requirement on a form supplied by a merchant must be separately signed by the other party. (3) The requirements of the statute of frauds section of this article (Code Section 11-2A-201 ) must be satisfied if the contract as modified is within its provisions. (4) Although an attempt at modification or rescission does not satisfy the requirements of subsection (2) of this Code section, it may operate as a waiver. (5) A party who has made a waiver affecting an executory portion of a lease contract may retract the waiver by reasonable notification received by the other party that strict performance will be required of any term waived, unless the retraction would be unjust in view of a material change of position in reliance on the waiver.