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Quiz Answers What's Your Landlord-Tenant IQ?
By Judon Fambrough
- False. Texas has no law dictating the maximum amount
of the security deposit. It is negotiable.
- False. The Texas Property Code allows the
landlord to deduct from the security deposit damages and charges
resulting from a breach of the lease. While damages and charges, such as
reletting fees and lost rent, may exceed the security deposit, there is
no automatic forfeiture.
- False. The maximum is the greater of $500 or one
month's rent.
- True. The Texas Property Code permits landlord's
liens and grants tenants limited liens against the landlord's property.
- True. After giving a written three- or seven-day
notice to the landlord to comply, tenants may unilaterally terminate a
lease for lack of required security devices.
- False. Rent payments may be made in cash unless prohibited
by the lease.
- False. A tenant is personally liable for all
damages exceeding the amount of the security deposit.
- False. Tenants must obtain their own insurance
policy to cover personal property.
- True. Since 1997, landlords have been required to
mitigate rent in both commercial and residential leases by diligently
trying to relet the vacated premises.
- False. Residential landlords may change locks,
but they cannot withhold a new key payment of the delinquent rent.
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