Extension Of Residential Lease Texas PDF 2024

Extension Of Residential Lease Texas 2024 Pdf: What You Should Know

An extension of the lease shall not extend the term of occupancy unless the rental rate has remained unaltered and there are no adverse conditions.   The extension shall last for no longer than 1 year from the expiration date of the old lease, and shall have the same effect on the term of the present lease as did the original agreement. The extension shall take effect upon the effective date of the new lease, or it may be made more gradually after being approved by the Board in a hearing. The Board shall establish by administrative rule criteria to be considered in establishing a “notice of intent to extend” for either: 1. Repeal of the rent increase provisions, and the existing lease ends within 1 year thereafter; 2. The tenancy is not continuing for more than 6 months; or 3. No additional rent is due the tenant as a result of the lease extension. For existing Lease — Non-Renewal This section is intended to extend an existing residential lease for a period of up to 7 years. The extension shall be effective beginning on the commencement date of the previous lease. The Board shall establish by administrative rule criteria to be considered as to the form for extensions beyond 1 year. The existing lease shall be extended in a manner that is in harmony with: the purpose of the original lease; the intent of the landlord in granting the additional term; and the needs of the consumer. A new lease will be not be entered into if the extension of the lease would impose any unnecessary hardship on the consumer or the landlord. Existing leases may be renewed or extended under this section once only without the necessity of additional written authorization as required under the Residential Rent Stabilization Code. If the existing lease is not terminated at the expiration of the extension, the landlord has the right to raise the rent at any time until the end of the initial term for a period of up to 12 months.   The new lease shall apply for a period of 1 year from commencement of the renewal contract or 1year from the completion or expiration date of the original residential lease.

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