Category Archives: Property management

Are REALTORS® required to disclose prior flooding from a property condition to potential tenants?

When you’re marketing a property for lease that had previous flooding from a property condition, REALTORS® should consider the Code of Ethics. Keep in mind that Article 2 says REALTORS® should avoid exaggeration, misrepresentation, or concealment of pertinent facts relating … Continue reading

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Landlords, tenants, and floods

This post was written by Michael Mengden to address landlord and tenant issues brought about by Hurricane Harvey. He is president/broker of Terra Residential Services in Houston, 2011 chairman of the TAR Property Management Committee, and 2002 president of the National Association … Continue reading

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What are tenants’ and landlords’ rights for terminating a lease due to Harvey storm damage?

Paragraph 25 of TAR’s Residential Lease deals with casualty loss, which includes a loss due to weather events, such as Harvey. If the property is deemed partially or completely uninhabitable, Paragraph 25 references the Texas Property Code Section 92.054 for … Continue reading

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Important information for landlords considering raising rents in counties designated as disaster areas

With high demand for shelter in areas of Texas affected by Hurricane Harvey, some landlords are considering raising rent for intact properties. However, raising rents on current or prospective tenants may be considered price gouging, which is illegal. Section 17.46(b)(27) … Continue reading

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