Each month, Texas REALTOR® magazine features a common question TAR attorneys have been asked on their Legal Hotline calls. Here’s the latest from the June issue.
I’ve talked to many agents with sellers who want to stay past the termination date in their temporary residential lease. Often, these agents think that Paragraph 19, Holding Over, gives the sellers the right to remain in the property past the termination date for a fee. That’s not the case. The parties need to amend the Seller’s Temporary Residential Lease or the buyers could file for eviction.
Hunter Jackson, associate counsel
Have a question for the Legal Hotline? Call 800-873-9155.