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A BILL TO BE ENTITLED
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AN ACT
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relating to the liability of certain obligors under a residential |
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lease. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter A, Chapter 92, Property Code, is |
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amended by adding Section 92.021 to read as follows: |
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Sec. 92.021. LIABILITY OF CERTAIN OBLIGORS UNDER LEASE. (a) |
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A person other than a tenant who cosigns or guarantees a lease is |
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liable only for the original lease term. |
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(b) A provision that purports to renew for an additional |
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lease term the liability of a person other than a tenant who cosigns |
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or guarantees a lease is void. |
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SECTION 2. The changes in law made by this Act apply only to |
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a lease agreement that is executed or renewed on or after the |
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effective date of this Act. A lease agreement that is executed or |
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renewed before the effective date of this Act is governed by the law |
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in effect at the time the lease agreement was executed or renewed, |
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and that law is continued in effect for that purpose. |
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SECTION 3. This Act takes effect September 1, 2009. |