The Residential Lease (TXR 2001) ends on the agreed-upon expiration date except if renewed, extended by written agreement, or terminated early through a handful of special circumstances. Landlords and tenants who agree to terminate the lease early may use the Early Termination of Residential Lease (TXR 2012) form to put their intentions in writing. The Early Termination of Residential Lease form includes the tenant’s obligations and details of the termination fee, and it provides instructions for the return of the security deposit. The form becomes the final agreement between the landlord and tenant and includes a provision in which the two parties release each other from all obligations from the lease. The Residential Lease and Early Termination of Residential Lease are two of 130 forms exclusively available to members of Texas REALTORS®.
Would be helpful if you attached the forms or provided a link to the new forms for us to review instead of having to go hunt for them.
Tht part
Amen
This explanation fails to mention holding over.
I agree with Diana. Provide a link where we can access them quickly.
IF you are a Realtor and didn’t already know this information you should just give it up. What a waste of ink and time reading it!
David, not all Realtors are at the level of knowledge that you have, our association keep us all well informed.
I think it’s a matter of convenience.
I use a form titled “Completely Understand What You Sign”. Many agents do not take the time to explain the lease as the Tenants are signing.
I usually ask my tenants to sign and email back but feel free to ask any questions (if any) before signing. Of course I don’t know if they follow my instructions but they do sign and email it back.
TXR 2001 in my zipform is still 7-22-2022 version, with the term like “This lease automatically renews on a month-to-month basis unless Landlord or Tenant provides the other party written notice of termination as provided in Paragraph 4A”
It will also automatically renew on a month to month basis unless the Landlord or Tenant provides the other party written notice of termination.
I use to be a Texas realtor, not anymore, license is inactive. Can I lease my house and still use TXR-2001 form?
And represent myself as landlord?