Property

TX property managers, prepare a contract for your services with this Texas Rental Property Management Agreement.

• The property manager is retained on an exclusive basis to rent, lease and manage the rental property.
• The manager will be paid a percentage of the monthly rental amount for managing the property. If the manager undertakes additional work outside the scope of its duties, additional fees will be payable.
• The owner authorizes the property manager to collect rents, sign leases, issue late payment notices, undertake eviction proceedings, purchase supplies, make repairs, and pay all recurring bills on the property.
• The owner indemnifies the property manager against claims arising from the management services, including claims resulting from the owner's failure to make full disclosure about the property.
• The property manager will submit a Form 1099 to the IRS each year for the income derived from the property.
• The owner is responsible for carrying all required insurance on the property (including public liability).

Texas landlords, hire one of your tenants to act as resident manager of your rental building with this Agreement to Act as Resident Manager.

This agreement allows Texas landlords to retain one of their tenants to serve as the resident manager for their rental building. The arrangement is designed to formalize the responsibilities and compensation for the tenant acting in this role.

Compensation

In return for acting as resident manager, the tenant will pay little or no rent for their own rental premises. In addition, they will be paid a monthly management fee for managing the building.

Duties and Responsibilities of Resident Manager

• Collect rent and late fees from tenants, and issue receipts for all payments received.
• Issue eviction notices and default notices as necessary, in accordance with applicable laws and lease agreements.
• Inspect rental units after tenants have vacated to assess the condition and identify any needed repairs or maintenance.
• Show vacant rental units to prospective tenants to facilitate occupancy.
• Perform groundskeeping tasks and building maintenance to ensure the property is kept in good condition.

Template Details

The agreement template is provided in Microsoft Word format. It is fully editable, allowing landlords and tenants to adapt the content to fit their specific needs and circumstances.

Jurisdiction

The agreement is intended for use only in the State of Texas.

Sell a pre-owned condo unit with this free Texas Residential Condominium Resale Contract. Provisions include:

• financing and earnest money,
• title policy,
• property condition,
• closing procedures,
• possession,
• settlement,
• escrow,
• termination option,
• broker information and fee ratification.

NOTE: This form cannot be used where the seller owns fee simple title to land beneath the unit.

Download the free Texas Residential Condominium Resale Contract and get your condo unit on the market. TREC Form No. 30-4, updated 01-06-03.

Lease a house or apartment to a tenant for a specified period with this Texas Residential Fixed Term Lease Agreement.

• The lease period is a fixed term, such as 1 year. At the end of the lease term, if the landlord and tenant do not agree to renew it, the lease will expire.
• The tenant cannot sublet or assign the lease without the landlord's written permission.
• The tenant is responsible for carrying his/her own renter's insurance to cover personal possessions.
• The form includes a Lead Paint Disclosure form as required by federal law.
• The template also includes a Premises Inspection Checklist and Inventory Report, which should be filled out by both the landlord and tenant at the beginning and end of the tenancy.
• Available in MS Word format.
• Intended to be used only in the State of Texas.

Extend the term of a tenant's lease with this Texas Residential Lease Extension Agreement.

• The landlord and tenant must both agree to extend the lease term for an additional period.
• The lease cost now becomes a monthly rental payment for the duration of the extended term.
• All other provisions of the original lease which are not amended in the Extension Agreement remain the same.
• This Agreement is only for residential tenancies. For business tenants, a Renewal and Extension of Commercial Lease is required.
• This legal form template is fully editable and easy to use.
• Intended for use only in the State of Texas.

• The Statement sets out the amount of the original security deposit and any additional deposits, less any deductions being made for unpaid rent or utilities, cleaning charges, repair charges, etc.
• It also sets out whether a refund is being paid to the tenant or if any additional amount is still owing to the landlord.

Transfer your interest in a piece of real estate with this easy-to-use Texas Special Warranty Deed form.

• Under a Special Warranty Deed, the seller (grantor) warrants or guarantees the title only against defects arising during his/her ownership of the property but not against title defects existing before that time.
• This is a downloadable legal form that can be re-used as often as you like.
• Available in MS Word format.
• Intended to be used only in the State of Texas.

TX tenants, sublease the property you are renting with this Texas Sublease Agreement for residential rental properties.

• Consent. The sublease requires the consent of the landlord.
• Rent and Costs. The subtenant must pay the rent, the utilities and a damage deposit.
• Upkeep. The subtenant must keep the premises in clean and good condition.
• Assignment. The subtenant cannot assign the sublease without the consent of both the landlord and the original tenant.
• The sublease includes a Premises Inspection Report and Inventory Checklist.
• The template also includes a Co-Signer Agreement, to be used in the event that the subtenant is a minor (such as a student). This agreement would be signed by a parent or guardian, who guarantees to pay any amounts due if the tenant fails to pay.

This Texas Sublease Agreement (Residential) is provided in MS Word format, and can be easily edited to fit your circumstances.

Is your real estate purchase conditioned on financing from a third party? Attach this Third Party Financing Addendum to the purchase contract for properties in Texas.

• This form includes provisions for:
  • conventional financing,
  • FHA insured financing,
  • VA guaranteed financing,
  • Texas Housing Assistance Program loan.
• Download the free PDF form directly from the Texas Real Estate Commission (TREC) website.
• TREC Form ID 40-9.

Take applications from prospective renters for a vacation home in Texas with this Vacation Property Rental Application.

• Before they rent your lakeside cottage, cabin or summer house, have your potential guests provide you with the following information:
  • Rental period desired (based on availability).
  • Amount of deposit required and paid (as of the application date).
  • Number of persons in the applicant's party.
  • Length of stay.
• This is a downloadable template which you can customize and mail out or post online.
• Prepared for use in the State of Texas.