Harris Texas Addendum To Apartment Lease regarding Security Deposit is a legal document that outlines the terms and conditions related to the security deposit in the state of Harris, Texas. This addendum serves as an attachment to the standard lease agreement and provides additional provisions specific to security deposits. The main purpose of this addendum is to protect both the landlord and the tenant in terms of the security deposit. It establishes guidelines for the collection, use, and return of the security deposit at the end of the lease term. The addendum typically includes the following key points: 1. Security deposit amount: The addendum specifies the exact amount of security deposit required by the landlord. It may also state whether the deposit can be paid in installments or if it needs to be paid in full before the lease begins. 2. Deposit purpose: It clarifies the purpose of the security deposit, which is usually to cover any damages beyond normal wear and tear, unpaid rent, or any other outstanding charges outlined in the lease agreement. 3. Deposit accounting: The addendum describes how the landlord will handle the security deposit funds. It may state that the deposit will be placed in an interest-bearing account or whether the interest will be paid to the tenant, as per state laws. Additionally, it may outline how the deposit will be accounted for at the end of the tenancy. 4. Inspection and inventory: This addendum may require a move-in inspection and inventory checklist to be completed to document the condition of the rental unit. This serves as a reference point to compare the condition of the property at the end of the lease term for assessing any damages. 5. Use of the deposit: It details the circumstances under which the landlord may use the security deposit, such as for repairs, unpaid rent, cleaning fees, or any outstanding charges. This section may also specify any limitations on the landlord's ability to deduct for damages, such as requiring written notice to the tenant prior to any deductions. 6. Deposit return: The addendum outlines the conditions for the return of the security deposit at the end of the lease term. It may mention a specific timeframe in which the landlord must return the deposit after receiving a written notice from the tenant in accordance with state laws. Some types of Harris Texas Addendum To Apartment Lease regarding Security Deposit may include: 1. Standard Security Deposit Addendum: This type of addendum includes the essential clauses and provisions related to the security deposit as described above. 2. Non-Refundable Security Deposit Addendum: This addendum states that the security deposit paid by the tenant is non-refundable, meaning the landlord retains the deposit regardless of the condition of the property at the end of the lease. 3. Partial Security Deposit Addendum: This addendum allows the tenant to pay the security deposit in installments, rather than requiring a lump sum payment before the lease starts. It is important for both landlords and tenants to carefully review and understand the terms of the Harris Texas Addendum To Apartment Lease regarding Security Deposit to ensure compliance with the applicable laws and protect their rights and interests.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.