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Addendum - 5401 Odom Ave, Fort Worth, TX 76114.pdf

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Description

DocuSign Envelope ID: 11C8A809-52EC-456D-98C4-5F970D200AA6 52AAEE5B-2FB5-4802-AC7C-15BDD0EC79A7 PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC) 11-10-2020 ADDENDUM REGARDING RESIDENTIAL LEASES CONCERNING THE PROPERTY AT: 5401 Odom Avenue Fort Worth (Street Address and City) "Residential Lease" means any lease of the Property to a tenant including any addendum, amendment, or move-in condition form. Seller may not execute any new Residential Lease or amend any Residential Lease without Buye

Extracted Content

DocuSign Envelope ID: 11C8A809-52EC-456D-98C4-5F970D200AA6 52AAEE5B-2FB5-4802-AC7C-15BDD0EC79A7 PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC) 11-10-2020 ADDENDUM REGARDING RESIDENTIAL LEASES CONCERNING THE PROPERTY AT: 5401 Odom Avenue Fort Worth (Street Address and City) "Residential Lease" means any lease of the Property to a tenant including any addendum, amendment, or move-in condition form. Seller may not execute any new Residential Lease or amend any Residential Lease without Buyer's written consent. Existing Residential Leases will have the following status at closing. (Check only A or B) A. Termination of Residential Leases: All Residential Leases must be terminated by closing. Seller shall deliver possession of the Property in accordance with Paragraph 10 of the contract with no tenant or other person in possession or having rights to occupy the Property. [Notice: This paragraph will not amend or terminate any existing lease. Consult an attorney and refer to the Residential Leases for rights to terminate before agreeing to this provision.] X B. Assignment and Assumption of Residential Leases: Existing Residential Leases shall be assigned by Seller and assumed by B