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A BILL TO BE ENTITLED
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AN ACT
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relating to notice to residential tenants regarding renter's |
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insurance. |
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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 92.0132 to read as follows: |
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Sec. 92.0132. NOTICE REGARDING RENTER'S INSURANCE. (a) |
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Before entering into a lease with a tenant, a landlord or the |
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landlord's agent shall give written notice to the tenant that is |
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substantially equivalent to the following: |
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The property owner's insurance cannot provide coverage for |
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your personal property. You may purchase renter's insurance, which |
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may cover losses due to theft, fire, or other events or occurrences. |
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Renter's insurance may not cover losses due to a flood. |
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(b) The notice must also include information on obtaining |
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renter's insurance or include or attach contact information for a |
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resource for information on obtaining renter's insurance. |
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(c) The notice required by this section may be printed in |
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the lease or in a separate document signed by the landlord or the |
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landlord's agent and the tenant. |
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SECTION 2. (a) The change in law made by this Act applies |
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only to a lease initially entered into on or after January 1, 2010. |
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(b) A lease initially entered into before January 1, 2010, |
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is governed by the law existing immediately before the effective |
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date of this Act, and that law is continued in effect for that |
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purpose. |
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(c) This Act does not apply to the renewal of a lease. |
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SECTION 3. This Act takes effect January 1, 2010. |