Knowledebase Tag: Residential Lease
- I am the property manager for a property with three tenants. At the end of the lease term, one of the tenants decided to live alone and moved out. The two other tenants decided to sign a new lease and remain at the current rental property. The tenant that moved now wants her portion of the security deposit back. Because the lease requires that any refund of the security deposit be made payable to all tenants named in the lease, I am unsure how to handle the return or accounting of the security deposit for this tenant when two of the tenants are not leaving.
- The tenants in a property I manage are a couple whose names are both on the lease. This week, they each told me that they are divorcing and gave me the required written notice to terminate their lease when it expires next month. They also both asked for the security deposit to be refunded directly to them. Who should I make the check out to if both of their names are on the lease?
- I visited one of the properties I manage because the tenants are behind in their rent. They had moved out and took their possessions but left a considerable amount of damage, plus a lot of trash. They also left a note with their new address for the owner to return their deposit. Can the property owner keep their security deposit to cover the cost of repairs and clean up?
- What’s the difference between Paragraphs 4A and 4B in the Texas REALTORS® Residential Lease (TAR 2001)?
- A tenant and landlord executed a TAR Residential Lease (TAR 2001). In Paragraph 4A, Box 2 was checked requiring either party to give 60 days’ notice to terminate the lease. In Paragraph 4B, Box 2 was checked requiring at least 30 days’ notice if the lease renewed on a month-to-month basis. The lease automatically renewed on a month-to-month basis because neither party provided 60 days’ notice of termination as required by Paragraph 4A. The tenant now wants to terminate the lease, but the landlord is requiring the tenant to give 60 days’ notice to terminate. Can the landlord require the tenant to give 60 days’ notice now that the lease is on a month-to-month basis?
- A tenant in one of my properties says he has been assaulted by another occupant and wants to vacate the property. Can he do that?
- I’m a property manager and I used the TAR Residential Lease with a tenant who is now on a month-to-month basis and is current on his rent. The landlord has decided not to renew his month-to-month lease anymore. Is there a form I should use to tell the tenant his lease won’t be renewed?
