Fillable Printable Texas Seller's Temporary Residential Lease
Fillable Printable Texas Seller's Temporary Residential Lease
Texas Seller's Temporary Residential Lease
TREC NO. 15-5
12-05-11
EQUAL HOUSING
OPPORTUNITY
1. PARTIES: The parties to this Lease are
(Landlord) and (Tenant).
2. LEASE: Landlord leases to Tenant the Property described in the Contract between Landlord as Buyer
and Tenant as Seller known as
(address).
3. TERM: The term of this Lease commences on the date the sale covered by the Contract is closed and
funded and terminates , unless terminated earlier by reason of other provisions.
4. RENTAL: Tenant shall pay to Landlord as rental $ per day (excluding the day of closing
and funding) with the full amount of rental for the term of the Lease to be paid at the time of funding
of the sale. Tenant will not be entitled to a refund of rental if this Lease terminates early due to
Tenant's default or voluntary surrender of the Property.
5. DEPOSIT: Tenant shall pay to Landlord at th e time of funding of the sale $
as a deposit
to secure performance of this Lease by Tenant. Landlord may use the deposit to satisfy Tenant's
obligations
under this Lease. Landlord shall refund any unused portion of the deposit to Tenant with an itemized
list of all deductions from the deposit within 30 days after Tenant (a) surrenders possession of the
Property and (b ) provides Landlord wr itten notice of Tenant's forwarding address.
6. UTILITIES: Tenant shall pay all utility charges except
which Land lord shall pay.
7. USE OF PROPERTY: Tenant may use the Property only for residential purposes. Tenant may not
assign this Lease or sublet any part of the Property.
8. PETS: Tenant may not keep pets on the Property except .
9. CONDITION OF PROPERTY:
Tenant accepts the Property in its presen t co nd it ion a nd st a te of re pair at
the
commencemen t of the L ease. Upon termination , Tenant shall surren der the P roperty to Lan dlord in
the condition required under the Contract, except normal wear and tear and any casualty loss.
10. ALTERATIONS:
Tenant may not alter th e Property or install improvements or fixtures without the prior
written
consent of the Landlord. Any improvements or fixtures placed on the Property during the Lease
become the Property of Landlord.
11. SPECIAL PROVISIONS:
12. INSPECTIONS: Landlord may enter at reasonable times to inspect the Property. Tenant shall provide
Landlord door keys and access codes to allow access to the Property during the term of Lease.
13. LAWS:
Tenant shall comply with all applicable laws, restrictions, ordinances, rules and regulations with
respect
to the Property.
14. REPAIRS AND MAINTENANCE: Except as otherwise provided in this Lease, Tenant shall bear all
expense of repairing and maintaining the Property, including but not limited to the yard, trees and
shrubs, unless otherwise required by the Texas Property Code. Tenant shall promptly repair at
Tenant's expense any damage to the Property caused directly or indirectly by any act or omission of
the Tenant or any person other than the Landlord, Landlord's agents or invitees.
Initialed for identification by Landlord and Tenant
PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC)
(NOTICE: For use only when SELLER occupies the property for no more than 90 days AFTER the closing)
SELLER'S TEMPORARY RESIDENTIAL LEASE
TREC NO. 15-5
12-05-11
Seller's Temporary Residential Lease Page 2 of 2
(Address of Property)
The form of this contract has been approved by the Texas Real Estate Commission. TREC forms are intended for use only by train ed rea l estate
licensees. No representation is made as to the legal validity or adequacy of any provision in any specific transactions. It is not intended for
complex transactions. Texas Real Estate Commission, P.O. Box 12188, Austin, TX 78711-2188, 512-936-3000 (http://www.trec.texas.gov) TREC
NO. 15-5. This form replaces TREC NO. 15-4.
15. INDEMNITY: Tenant indemn ifies Landlord from the claims of all t hird parties for injury or damage to
the person or property of such third party arising from the use or occupancy of the Property by
Tenant. This indemnification in cludes attorney's fees, costs and expenses incurred by Landlord.
16. INSURANCE:
Landlord and Tenant shall each maintain such insurance on the contents and Property as
each
party may deem appropriate during the term of this Lease. NOTE: CONSULT YOUR INSURANCE AGENT;
POSSESSION OF THE PROPERTY BY SELLER AS TENANT MAY CHANGE INSURANCE POLICY
COVERAGE.
17. DEFAULT
:
If Tenant fails to perform or observe any provision of this Lease and fails, within 24 hours after
notice
by Landlord, to commence and diligently pursue to remedy such failure, Tenant will be in
default.
18. TERMINATION:
This Lease terminates upon expiration of the term specified in Paragraph 3 or upon
Tenant's
default under this Lease.
19. HOLDING OVER: Tenant shall surrender possession of the Property upon termination of this Lease.
Any
possession by Tenant after termination creates a tenancy at sufferance and will not operate to renew or
extend
this Lease. Tenant shall pay $ per day during the period of any possession after
termination as damages, in addition to any other remedies to wh ich Landlord is entitled.
20. ATTORNEY'S FEES
:
The prevailing party in any legal proce eding brought under or with respect to
this Lease
is entitled to recover from the non-prevailing party all costs of such proceeding and reasonable
attorney's fees.
21. SMOKE ALARMS:
The Texas Property Code requires Landlord to install smoke alarms in certain locations
within the Property at Landlord's expense. Tenant expressly waives Landlord's duty to inspect and repair
sm oke alarms
.
22. SECURITY DEVICES: The requirements of the Texas Property Code relating to security devices do
not apply to a residential lease for a term of 90 days or less.
23. CONSULT YOUR ATTORNEY:
Real estate licensees cannot give legal advice. This Lease is intended to be
legally
binding. REA D IT CARE FULLY. If you do not unde rstan d the effe ct of thi s Lease, consu lt yo ur attorney
BEFORE
signing.
24. NOTICES: All notices from one party to the other must be in writ ing and are effective when mailed to,
hand-delivered at, or transmitt ed by facsimile or electr onic tran smission as follows:
To Landlord:
Telephone:
( )
Telephone:
( )
Facsimile:
( )
Facsimile:
( )
E-mail:
E-mail:
To Tenant:
Landlord
Tenant
Landlord
Tenant
