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Texas Residential Lease Agreement


Texas Residential Lease Agreement
Texas Residential Lease Agreement
Texas Residential Lease Agreement
THIS AGREEMENT (hereinafter referred to as the "Texas Lease Agreement") is made and
entered into this ____ day of _______________, 20____, by and between
___________________________________ (hereinafter referred to as "Landlord") and
________________________________________ (hereinafter referred to as "Tenant." For and in
consideration of the covenants and obligations contained herein and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto hereby
agree as follows: 1.PROPERTY.Landlord owns certain real property and improvements located at
_____________________________ (hereinafter referred to as the "Property"). Landlord desires to lease
the Premises to Tenant upon the terms and conditions contained herein. Tenant desires to lease the
Premises from Landlord on the terms and conditions as contained herein.
2. TERM. This Texas Lease Agreement shall commence on ________________________ andshall
continue as a lease for term. The termination date shall be on ___________________ at 11:59
PM. Upon termination date, Tenant shall be required to vacate the Premises unless one of the
following circumstances occur:
(i) Landlord and Tenant formally extend this Texas Lease Agreement in writing or create and
execute a new, written, and signed Texas Lease Agreement; or
(ii) Landlord willingly accepts new Rent from Tenant, which does not constitute past due
Rent.
In the event that Landlord accepts new rent from Tenant after the termination date, a month-to-
month tenancy shall be created. If at any time either party desires to terminate the month-to-
month tenancy, such party may do so by providing to the other party written notice of intention to
terminate at least 30 days prior to the desired date of termination of the month-to-monthtenancy.
Notices to terminate may be given on any calendar day, irrespective of Commencement Date. Rent shall
continue at the rate specified in this Texas Lease Agreement, or as allowed by law. All other
terms and conditions as outlined in this Texas Lease Agreement shall remain in full force and
effect. Time is of the essence for providing notice of termination (strict compliance with dates by
which notice must be provided is required). 3. RENT. Tenant shall pay to Landlord the sum
of $______________ per month as Rent for the Term of the Agreement. Due date for Rent
payment shall be the 1st day of each calendar month and shall be considered advance payment
for that month. Weekends and holidays do not delay or excuse Tenant’s obligation to timely pay
rent.
A. Delinquent Rent. If not paid on the 1st, Rent shall be considered overdue and delinquent
on the 2nd day of each calendar month. If Tenant fails to timely pay any month’s rent,
Tenant will pay Landlord a late charge of $_________ per day until rent is paid in full. If
Landlord receives
the monthly rent by the 3
rd
day of the month, Landlord will waive the
late charges for that month. Any waiver of late charges under this paragraph will not
affect or diminish any other right or remedy Landlord may exercise for Tenant’s failure to
timely pay rent.
B. Prorated Rent. In the event that the Commencement Date is not the 1st of the calendar
month, Rent payment remitted on the Commencement Date shall be prorated based on a
30-day period.
Texas Residential Lease Agreement
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