81R502 UM-D
By: Anchia H.B. No. 534
A BILL TO BE ENTITLED
AN ACT
relating to the liability of certain obligors under a residential
lease.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter A, Chapter 92, Property Code, is
amended by adding Section 92.021 to read as follows:
Sec. 92.021. LIABILITY OF CERTAIN OBLIGORS UNDER LEASE. (a)
A person other than a tenant who cosigns or guarantees a lease is
liable only for the original lease term.
(b) A provision that purports to renew for an additional
lease term the liability of a person other than a tenant who cosigns
or guarantees a lease is void.
SECTION 2. The changes in law made by this Act apply only to
a lease agreement that is executed or renewed on or after the
effective date of this Act. A lease agreement that is executed or
renewed before the effective date of this Act is governed by the law
in effect at the time the lease agreement was executed or renewed,
and that law is continued in effect for that purpose.
SECTION 3. This Act takes effect September 1, 2009.