TREC NO. 15-5
12-05-11
PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC)
(NOTICE: For use only when SELLER occupies the property for no more than 90 days AFTER the closing)
SELLER'S TEMPORARY RESIDENTIAL LEASE
EQUAL HOUSING
OPPORTUNITY
1. PARTIES: The parties to this Lease are
(Landlord) and (Tenant).
2. LEASE: Landlord leases to Tenant the Property described in the Contract between Landlord as Buyer
and Tenant as Seller known as
(address).
3. TERM: The term of this Lease commences on the date the sale covered by the Contract is closed and
funded and terminates , unless terminated earlier by reason of other provisions.
4. RENTAL: Tenant shall pay to Landlord as rental $ per day (excluding the day of closing
and funding) with the full amount of rental for the term of the Lease to be paid at the time of funding
of the sale. Tenant will not be entitled to a refund of rental if this Lease terminates early due to
Tenant's default or voluntary surrender of the Property.
5. DEPOSIT: Tenant shall pay to Landlord at the time of funding of the sale $
obligations
under this Lease. Landlord shall refund any unused portion of the deposit to Tenant with an itemized
list of all deductions from the deposit within 30 days after Tenant (a) surrenders possession of the
Property and (b) provides Landlord written notice of Tenant's forwarding address.
6. UTILITIES: Tenant shall pay all utility charges except
which Landlord shall pay.
7. USE OF PROPERTY: Tenant may use the Property only for residential purposes. Tenant may not
assign this Lease or sublet any part of the Property.
8. PETS: Tenant may not keep pets on the Property except .
9. CONDITION OF PROPERTY:
commencement of the Lease. Upon termination, Tenant shall surrender the Property to Landlord in
the condition required under the Contract, except normal wear and tear and any casualty loss.
10. ALTERATIONS:
consent of the Landlord. Any improvements or fixtures placed on the Property during the Lease
become the Property of Landlord.
11. SPECIAL PROVISIONS:
12. INSPECTIONS: Landlord may enter at reasonable times to inspect the Property. Tenant shall provide
Landlord door keys and access codes to allow access to the Property during the term of Lease.
13. LAWS:
to the Property.
14. REPAIRS AND MAINTENANCE: Except as otherwise provided in this Lease, Tenant shall bear all
expense of repairing and maintaining the Property, including but not limited to the yard, trees and
shrubs, unless otherwise required by the Texas Property Code. Tenant shall promptly repair at
Tenant's expense any damage to the Property caused directly or indirectly by any act or omission of
the Tenant or any person other than the Landlord, Landlord's agents or invitees.
Initialed for identification by Landlord and Tenant
