Dear TENANT NAME HERE,
Here is a quick note from the Texas Association of Realtors about changes in the leasing documents we have used.
As of June 1, 2010, the Texas Association of REALTORS® has made changes to its residential leases. These changes include significant changes to Paragraph 18 regarding repairs of the underlying leased property. Due to the importance of these changes, it is critical that all extensions of leases entered into on a form dated prior to June 1, 2010 include these modifications.
Additionally, There were several changes made to Chapter 92 of the Texas Property Code in the 2009 Legislative Session. Chapter 92 governs residential tenancies.
One of these changes permits late charges to be assessed against tenants after rent has remained unpaid for one day after the date on which it is due. This is a reduction from the previous requirement of 2 days after the date on which it was due.
Another change permits an additional basis on which a tenant may terminate a lease early. This new basis would be if the tenant were to become the victim of certain sex offenses.
If you are extending a lease on a form that was published before June 1, 2010, the form may not contain the clauses that are now required by the Property Code or the updates to the repair paragraph. If you are using a TAR residential lease form that was published on or after June 1, 2010, the necessary clauses are included in the updated forms.
This file contains two versions of Form 2005. One of the versions is to be used if you are extending a lease that is written on a form that was published before June 1, 2010. The other is to be used if you are extending a lease that is written on a form that was published on or after June 1, 2010. Please see the instructions at the top of each version.
If you are extending a lease that is written on a form published before June 1, 2010, you may also consider entering into a new lease on the updated form.
Because of these changes, I am asking all my tenants to sign new leases as they come due. I have you down for needing to sign a new lease. I am not changing anything off the original lease (as they come due) other than the new lease amount and the date.
I am trying to keep my current tenants lower because I appreciate them staying at my property. If you have no issues please respond. The new start date on the lease will be June 1st, as I am trying to give everyone over 30 days notice for this change. Please contact me if you have any questions.