SAAA 2022 Directory & Buyer's Guide - 35

Lease 2.0
New format available in mid-February 2022
This Lease is valid only if filled out before January 1, 2024.
Apartment Lease Contract
This is a binding contract. Read carefully before signing.
This Lease Contract ( " Lease " ) is between you, the resident(s) as listed below and us. The terms " you " and " your " refer to all residents.
The terms " we, " " us, " and " our " refer to the owner listed below.
PARTIES
Residents ____________________________________________
______________________________________________________
______________________________________________________
______________________________________________________
______________________________________________________
______________________________________________________
______________________________________________________
______________________________________________________
_______________________________________________________
______________________________________________________
______________________________________________________
LEASE DETAILS
A. Apartment (Par. 2)
Street Address: ____________________________________________________________________________________________________
Apartment No. _________________________ City: ______________________________________ State: ___ Zip: ____________________
B. Initial Lease Term. Begins:_____________________________________ Ends at 11:59 p.m. on:_________________________________
C. Monthly Base Rent (Par. 3)
$ ___________________________
D. Prorated Rent
$ ____________________________
r due for the remainder of 1st
month or
r for 2nd month
E. Security Deposit (Par. 5)
$ ____________________________
Note that this amount does not
include any Animal Deposit, which
would be reflected in an Animal
Addendum.
Form
F. Notice of Termination or Intent to Move Out (Par. 4)
A minimum of ____________________ days' written notice of
termination or intent to move out required at end of initial Lease
term or during renewal period
G. Late Fees (Par. 3.3)
Initial Late Fee
r __________% of one month's monthly base rent or
r $ _____________________
Due if rent unpaid by 11:59 p.m. on the ___________________________________ (3rd or greater) day of the month
valid for
members
only
H. Returned Check or Rejected
Payment Fee (Par. 3.4)
$ ____________________________
I. Reletting Charge (Par. 7.1)
A reletting charge of $ ___________
(not to exceed 85% of the highest
monthly Rent during the Lease term)
may be charged in certain default
situations
J. Optional Early Termination Fee (Par. 7.2)
$ ___________________________________
Notice of _______________ days is required.
You are not eligible for early termination if
you are in default.
Fee must be paid no later than __________
days after you give us notice
If values are blank or " 0, " then this section does
not apply.
If the number of days isn't filled in, notice of at least 30 days
is required.
Daily Late Fee
r _________ % of one month's monthly base rent for _______ days or
r $ _________________________________ for _____ days
K. Animal Violation Charge (Par. 12.2)
Initial charge of $ _________________ per animal (not
to exceed $100 per animal) and
A daily charge of $ ___________________ per animal
(not to exceed $10 per day per animal)
About Lease 2.0:
1.
L. Additional Rent - Monthly Recurring Fixed Charges. You will pay separately for these items as outlined below and/or in separate addenda,
Special Provisions or an amendment to this Lease.
Animal rent
Internet
Storage
$ ____________________________ Cable/satellite
$ _____________________________ Package service
$ _______________________ Concierge trash $ ___________________
$ _______________________ Pest control $ ___________________
$ ____________________________ Stormwater/drainage $ ___________________ Washer/Dryer $ ___________________
Other: ________________________________________________________________________________________ $ ______________________
Other: ________________________________________________________________________________________ $ ______________________
Other: ________________________________________________________________________________________ $ ______________________
Other: ________________________________________________________________________________________ $ ______________________
M. Other Variable Charges. You will pay separately for gas, water, wastewater, electricity, trash/recycling, utility billing fees and other items as
outlined in separate addenda, Special Provisions or an amendment to this Lease.
Utility Connection Charge or Transfer Fee: $ ___________________ (not to exceed $50) to be paid within 5 days of written notice (Par. 3.5)
Special Provisions. See Par. 32 or additional addenda attached. The Lease cannot be changed unless in writing and signed by you and us.
Apartment Lease Contract ©2022, Texas Apartment Association, Inc.
Page 1 of 6
Owner _____________________________________________
____________________________________________________
____________________________________________________
____________________________________________________
Occupants __________________________________________
____________________________________________________
____________________________________________________
____________________________________________________
____________________________________________________
The Texas Apartment Association's
official statewide Lease form and
process have been revised.
n Clear
n Concise
n Easy to use and explain
Shortened from 8 pages to 6 pages
2. A new Lease Details section with all
important dollar amounts and terms
3. Content you expect reorganized
to match the leasing cycle
4. New optional early lease termination
provision in the Lease
5. New TAA Community Policies Addendum
Questions? Contact communications@taa.org.

SAAA 2022 Directory & Buyer's Guide

Table of Contents for the Digital Edition of SAAA 2022 Directory & Buyer's Guide