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Commonly Asked Questions about Temporary Residential Leases

When should the TREC Sellers Temporary Residential Lease be used? The answer is the seller wants to stay in the home after closing for no more than 90 days.
Length of Tenancy It is common for a lease to be for a period of 12 months, but it can also be for many years.
A temporary lease agreement is a legal agreement between the landlord of a property and a tenant that intends to use or occupy it. The difference between a temporary lease agreement and a traditional lease agreement is the occupancy of the property is on a shorter-term or seasonal basis.
A fixed-term lease is the most traditional lease. Theyre called fixed term because tenants and landlords are agreeing to abide by the lease for a fixed amount of time, normally six to 14 months.
Description: This form is used only when the Seller occupies the property for no more than 90 days after closing of the purchase contract.
TREC has two promulgated lease forms: 1. Buyers Temporary Residential Lease - for use when the buyer occupies the property for no more than 90 days prior to closing. 2. Sellers Temporary Residential Lease - for use when the seller occupies the property for no more than 90 days after closing.
Description: This form is used only when the Buyer will occupy the property for no more than 90 days prior to closing on the purchase contract.
Answer: Yes. The contract forms are available for public use. A TREC contract form, however, is intended for use primarily by licensed real estate brokers or sales agents who are trained in their correct use.