CH 9 TRANSACTIONS USED Iin REAL ESTATE TRANSACTIONS part 2.pdf.docx

The landlord can remove any unauthorized pet with at

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The landlord can remove any unauthorized pet with at least 24-hour notice to the tenant and the landlord will not be liable for any harm, injury, death, or sickness to the unauthorized pet. The tenant must also pay for any property damage caused by the unauthorized pet, as well as any costs the landlord incurs in the process of removing the pet. A landlord can choose to take one or all of these measures if a tenant violates the pet policy. The landlord should create and have a clearly written pet policy. Some properties have a No Pets policy. Other properties set aside several units that allow cats, dogs, or both. Usually, the limit is two pets, and dog ownership is restricted by size (up to 30 lbs.) and breed. Usually the pet policy requires a refundable pet deposit ($200-$1,000) and sometimes an additional monthly pet rent. Typical rent is $10-$15 per month for each cat and $15-$25 per month for each dog. All pets must be vaccinated. Dog owners must keep dogs on leashes and clean up after them. Dog owners who do not follow the rules may be fined $25-$50 per occurrence. If the tenant violates the pet restrictions, a landlord can exercise various options. The tenant must pay the landlord a specified fee per pet for each day the pet remains on the property. The landlord can remove any ___________________________________________________________ Unit 9: Contracts Used In Real Estate Transactions II 337
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unauthorized pet with at least 24-hour notice to the tenant and the landlord will not be liable for any harm, injury, death, or sickness to the unauthorized pet. The tenant must also pay for any property damage caused by the unauthorized pet, as well as any costs the landlord incurs in the process of removing the pet. A landlord can choose to take one or all of these measures if a tenant violates the pet policy. Security Deposit and Other Fees When a new tenant moves in, the landlord often collects a deposit to cover such items as cleaning or potential damage to the property. The money collected may be refundable or non-refundable. Refundable Deposits A security deposit is money given to a landlord to prepay for any damage (beyond normal wear and tear) that might occur to a property during the term of the lease. It is a refundable deposit and is not to be used for the last month’s rent. Legally, the security deposit must be returned to the tenant or transferred to the new owner, with notification to the tenant. Texas does not require the payment of interest on deposits. A landlord may apply the security deposit to unpaid rent, to excessive cleaning costs, or to the repair of damaged property. The landlord is required to return the tenant’s security deposit on or before 30 days after the tenant surrenders the premises. Texas requires the landlord to send to the tenant written documentation of any deductions to the deposit when the balance of the security deposit is returned.
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  • Fall '19
  • Leasehold estate

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