Can sellers terminate their temporary lease early?
01/17/2017 | Author: TAR Legal Staff
Your clients sign a Seller’s Temporary Residential Lease (TAR 1910, TREC 15-5) to remain in their home for 60 days after closing. They pay their full rental amount per the terms in Paragraph 4, Rental, but end up needing to stay in the property only 30 days and want a refund.
However, a seller is not entitled to a refund in this situation. Paragraph 4, Rental, states: “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.”
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