Texas Government Code 2306.6735 – Required Lease Agreement Provisions
Current as of: 2024 | Check for updates
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Terms Used In Texas Government Code 2306.6735
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Rule: includes regulation. See Texas Government Code 311.005
A lease agreement with a tenant in a development supported with a housing tax credit allocation must:
(1) include any applicable federal or state standards identified by department rule that relate to the termination or nonrenewal of the lease agreement; and
(2) be consistent with state and federal law.