SAAA January 2022 Residence Magazine | Page 29

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
____________________________________________
Owner _____________________________________________
______________________________________________________
____________________________________________________
______________________________________________________
____________________________________________________
______________________________________________________
____________________________________________________
______________________________________________________
______________________________________________________
Occupants __________________________________________
______________________________________________________
____________________________________________________
______________________________________________________
_______________________________________________________
______________________________________________________
____________________________________________________
____________________________________________________
______________________________________________________
____________________________________________________
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
G . Late Fees ( Par . 3.3 ) Initial Late Fee
E . Security Deposit ( Par . 5 )
r __________% of one month ’ s monthly base rent or r $ _____________________
Form valid for is required . members only
$ ____________________________
Note that this amount does not include any Animal Deposit , which would be reflected in an Animal Addendum .
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
If the number of days isn ’ t filled in , notice of at least 30 days
Due if rent unpaid by 11:59 p . m . on the ___________________________________ ( 3rd or greater ) day of the month
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 .
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 )
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 .
Daily Late Fee
Animal rent $ ____________________________ Cable / satellite $ _______________________ Concierge trash $ ___________________ Internet $ _____________________________ Package service $ _______________________ Pest control $ ___________________ Storage $ ____________________________ 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 .
r _________ % of one month ’ s monthly base rent for _______ days or r $ _________________________________ for _____ days
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

The Texas Apartment Association ’ s official statewide Lease form and process have been revised .

• Clear

• Concise

• Easy to use and explain

About Lease 2.0 :

1 .
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 . www . saaaonline . org | JANUARY 2022 29