Texas Property Code Clause Samples

Texas Property Code. If Lessee vacates the premises in breach of a this written lease, Lessor may deduct from the Lessee's security deposit the reasonable cost incurred by the Lessor to rekey a security device required by law and as authorized by Section 92.156(e)

Texas Property Code. SMOKE DETECTORS: Lessor will furnish smoke detectors in the manner described in Subchapter F of Chapter 92 of the Texas Property Code, and the detectors will be tested and working batteries provided when Lessee first takes possession. Lessee will thereafter pay for and replace batteries. Lessee must not disconnect or intentionally damage a smoke detector or remove the battery without immediately replacing it with a working battery. If Lessee fails to comply with this section, in any way, Lessee may be subject to damages, civil penalties, and attorney’s fees under Section 92.

Texas Property Code. We call to your attention that the enforceability of the Deed of Trust may be limited by the provisions of Sections 51.003 through 51.005 of the Texas Property Code, which relate to deficiencies resulting from the foreclosure of contract liens relating to real property.

Texas Property Code. Pursuant to Chapter 62 of the Texas Property Code, Broker hereby discloses its right to claim a lien based on this Agreement. Executed effective as of the date first above written. Owner: WEDC, By: , its Authorized Agent Broker: ▇▇▇▇▇▇▇ PARTNERS, LLC. By: , its Authorized Agent DRAFT AFT Proposed Site DR Exhibit B Intermediary Disclosure Owner is advised that real estate brokers may work with both sellers and buyers and with landlords and tenants, sometimes representing the seller or landlord and sometimes representing the buyer or tenant. If Broker works with both an owner/landlord and a buyer/tenant, it is possible that the buyer/tenant may want to purchase or lease the Property. In that case, ▇▇▇▇▇▇ may be faced with a potential conflict of interest. If a broker acts as an agent for more than one party to a transaction (an “Intermediary”), Texas law requires the broker to disclose its intermediary status and obtain written consent from all parties to authorize the broker to represent more than one party. To resolve potential conflicts of interest, ▇▇▇▇▇▇ hereby discloses to Owner that ▇▇▇▇▇▇ may be an agent of both Owner and a potential buyer or tenant. Owner hereby consents to any Intermediary, authorizes Broker to represent more than one party to any transaction; authorizes ▇▇▇▇▇▇, in the case of any Intermediary, to appoint a license holder associated with Broker to communicate with and carry out the instructions of Owner (and such license holder may provide opinions and advise to Owner) and to appoint another license holder associated with Broker to communicate with and carry out the instructions of the other party to such transaction (and such license holder may provide opinions and advise to such other party); and acknowledges that Owner will be the source of any expected compensation to ▇▇▇▇▇▇ and ▇▇▇▇▇▇ may also be paid a fee by the Prospect. If ▇▇▇▇▇▇ acts as an agent for Owner and a Prospect in the sale or lease of all or part of the Property, (a) not disclose to the Prospect that Owner will accept a price less than the asking price unless otherwise instructed in a separate writing by Owner; DRAFT (b) not disclose to Owner that the Prospect will pay a price greater than the price submitted in a written offer to Owner unless otherwise instructed in a separate writing by the Prospect; (c) not disclose any confidential information, or any information a party specifically instructs ▇▇▇▇▇▇ in writing not to disclose, unless otherwise instructed in ...

Texas Property Code. Subtenant agrees that all terms of this Sublease for determining charges and amounts of Rent are commercially reasonable and that each such charge or amount constitutes a “method by which the charge is to be computed” for purposes of Section 93.012 of the Texas Property Code.