We were getting a lot of questions about the lease property repair deductibles from landlords and tenants, here is the current information from TexasRealtors.com It is also helpful for new real estate investors in Dallas Texas area.
Why was the repair deductible paragraph removed from the Residential Lease?
The repair deductible was removed from the TAR Residential Lease (TAR 2001) because the intent of the paragraph has been misinterpreted. The repair deductible paragraph allowed a landlord to hold a tenant accountable for paying up to a specified amount to repair conditions that were not already required to be paid by a landlord. The Property Code and/or the TAR Residential Lease require a landlord to pay the entire costs of the following repairs: Read the rest of this entry »