Selling My Property With A Tenant In Dallas

State:
Multi-State
County:
Dallas
Control #:
US-00418
Format:
Word; 
Rich Text
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Description

The document is an Asset Purchase Agreement tailored for the sale of property with an existing tenant in Dallas. This agreement outlines the terms under which the seller, who operates a business, agrees to sell their assets to a buyer, covering crucial sections such as asset details, purchase price, and liabilities. It emphasizes the importance of listing assets and excluding certain items explicitly, which is particularly useful for property owners navigating complex tenant situations. The form includes provisions for the closing process, warranties, and indemnifications to protect both parties. It serves key legal professionals like attorneys, paralegals, and legal assistants, providing a structured format to ensure a smooth transaction. Users can easily modify the document to reflect specific terms relevant to their circumstances, particularly in situations where tenants are involved. Clear instructions guide users on filling and editing the document, enhancing its utility for all parties engaged in real estate transactions involving tenants.
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  • Preview Asset Purchase Agreement - Business Sale
  • Preview Asset Purchase Agreement - Business Sale
  • Preview Asset Purchase Agreement - Business Sale
  • Preview Asset Purchase Agreement - Business Sale
  • Preview Asset Purchase Agreement - Business Sale
  • Preview Asset Purchase Agreement - Business Sale
  • Preview Asset Purchase Agreement - Business Sale
  • Preview Asset Purchase Agreement - Business Sale
  • Preview Asset Purchase Agreement - Business Sale
  • Preview Asset Purchase Agreement - Business Sale
  • Preview Asset Purchase Agreement - Business Sale

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FAQ

A tenant without a lease can still sue a landlord for violating their legal rights, such as failing to provide a habitable living space or illegally evicting them. However, without a written lease, it may be more difficult for the tenant to prove their case in court.

Unless the lease agreement says otherwise, the landlord must give the tenant at least 3 days to move out. They cannot file an eviction suit before they give this notice in writing.

How to avoid paying capital gains taxes on the sale of rental property Buy & Sell Real Estate through a Retirement Account. Gift Your Property Into a Charitable Remainder Trust. Convert Rental Property to a Primary Residence. Use a 1031 Exchange to Defer Capital Gains. Avoid Capital Gains Tax Through Tax-Loss Harvesting.

In Texas, tenants generally cannot refuse to allow viewings of the rental property by the landlord or potential buyers/renters, provided the landlord gives proper notice.

5 Things A Landlord Cannot Do In Texas Discriminate Against Protected Classes. Retaliate Against A Complaining Tenant. Ignore Repair Requests That Affect Health And Safety. Unlawfully Withhold Security Deposits. Increase Rent Without Notice.

Texas law generally lets landlords set occupancy to three adults (persons over 18) for each bedroom of the dwelling. See Section 92.010, Property Code. The landlord can set lower standards, as long as the policy does not illegally discriminate against tenants with children.

The answer is "yes," but only temporarily and under very specific conditions. They cannot permanently lock the tenant out. The landlord must give the tenant a key upon request. Locking a tenant out is not a substitute for the eviction process.

There are no state laws that regulate landlord's entry in Texas. However, your lease agreement may allow your landlord to enter under certain circumstances. The lease may or may not require prior notice to the tenant. It may also authorize other people to enter, like maintenance staff or prospective buyers.

A tenant without a lease can still sue a landlord for violating their legal rights, such as failing to provide a habitable living space or illegally evicting them. However, without a written lease, it may be more difficult for the tenant to prove their case in court.

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Selling My Property With A Tenant In Dallas