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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 2023 provides both an enforceable and non-enforceable form to make agreements in the TAR 2005. A modification is not included in the TAR 2023 because both parties have the right to modify the agreement through an agreement with the other party. The TAR 2023 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 2023 will expire on Feb 1, 2023 if not renewed by your local board. You may read more below.
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Hi this is Brett Alderton this week's topic is landlord tenant law this falls under the gambit of real estate law one of the first things that whether you're a landlord or tenant you should consider is the term of the lease there are different ways that elyse can come into existence tenancy can be created either through a written document which is commonly referred to as a lease or rental agreement and 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 I didn't 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're a little more detailed and obscure and not necessarily good for a topic of the video today if you wanted more information on that you can certainly contact us directly to discuss it but I'm going to discuss the two main types tenancies that are created now if there is no written agreement regarding of the tenancy name there's no lease or rental agreement then there is a presumption at law than it is a month to month tenancy meaning that the tendency can be terminated by either the landlord or the tenant by the simple giving of a 30-day notice meaning you have to give a notice in writing equivalent to the length of the lease which if it's a month a month is obviously 30 days the most common type is when there is some type of written lease agreement or rental agreement and...