This office lease provision states that the parties desire to allocate certain risks of personal injury, bodily injury or property damage, and risks of loss of real or personal property by reason of fire, explosion or other casualty, and to provide for the responsibility for insuring those risks permitted by law.
Texas Provision Allocation Risks and Setting Forth Insurance Obligations of Both the Landlord and the Tenant
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FAQ
The rule of subrogation known as the ?Sutton Rule? states that a tenant and landlord are automatically considered ?co-insureds? under a fire insurance policy as a matter of law and, therefore, the insurer of the landlord who pays for the fire damage caused by the negligence of a tenant may not sue the tenant in ...
The estate has the responsibility to remove the deceased tenant's possessions and to return the property to you in a reasonable condition. This means that they should cover cleaning and repairs as stipulated in the lease. The security deposit is also the property of the estate.
Legally, the tenancy does not die with the landlord but becomes part of their estate. The executor should continue managing the tenancy during probate and then sell or pass the property on as the will directs.
After a landlord dies the renters still maintain the rights they had when the lease was signed. The new property owners will still have to: Provide written, advanced notice if you have to move out. Typically, the landlord has to give notice at least 30 days in advance.
Unless the lease or other written agreement provides otherwise, in the event of the death of a tenant who is the sole occupant of a rental dwelling, the landlord: May remove and store all property found in the tenant's leased premises.
Tenant's Death If a tenant who was the sole occupant of a rental dies during their lease, a representative of their estate can end their lease early. The representative must provide written notice to the landlord under Section 92.0162 of the Texas Property Code.