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Lease Extension Agreement texas Form: What You Should Know

A TAR 2005, a modification, is an agreement between the parties to a lease or rental agreement whereby it may be modified, extended, or renewed with the consent of both parties. The TAR 2024 provides both an enforceable and non-enforceable form to make agreements in the TAR 2005. A modification is not included in the TAR 2024 because both parties have the right to modify the agreement through an agreement with the other party. The TAR 2024 is specifically created to be a short-form format. It is not intended for litigation or to modify an existing lease. It is very important to know that the TAR 2024 will expire on Feb 1, 2024 if not renewed by your local board. You may read more below.

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Instructions and Help about Lease Extension Agreement texas

Hi, this is Brett Alderton. This week's topic is landlord-tenant law, which falls under the gambit of real estate law. One of the first things that both landlords and tenants should consider is the term of the lease. There are different ways that a lease can come into existence. Tenancy can be created either through a written document, commonly referred to as a lease or rental agreement. In that rental agreement, you can set out the specific length of the tenancy. Tenancy can also be created even if there is no written documentation. In other words, if a tenant moves into a property and is paying some type of compensation to stay there and in return obviously gets possession and use of the property, then a tenancy can also be created that way. There are a few other means by which a tenancy can be created, but they are a little more detailed and obscure. They are not necessarily good for a topic of the video today. If you want more information on that, you can certainly contact us directly to discuss it. However, I'm going to discuss the two main types of tenancies that are created. Now, if there is no written agreement regarding the tenancy, there is a presumption at law that it is a month-to-month tenancy. Meaning that the tenancy can be terminated by either the landlord or the tenant by the simple giving of a 30-day notice. This means you have to give a notice in writing equivalent to the length of the lease, which, if it's a month-to-month, is obviously 30 days. The most common type is when there is some type of written lease agreement or rental agreement. That lease should contain certain information. Even prior to the lease being signed, both parties should talk to an attorney...