My client accepted an offer on his property from buyers who asked to move in 30 days before closing. My client agreed, and they used the Buyer’s Temporary Residential Lease as part of the contract. Will my client have to re-key the exterior doors before the buyers move in since he will be acting as their landlord for that period?
No. Paragraph 22 of the Buyer’s Temporary Residential Lease explains that the requirements of Section 92.152 of the Texas Property Code relating to security devices, including re-keying of exterior doors, do not apply to a residential lease for a term of 90 days or less.
isn’t that provision only applicable in the instance where it is a short term lease in relation to a sale of the property and the use of the Buyer’s Temporary Residential Lease form?
All other short term leases, or STR (short term rentals) should exempt from rekeying requirements, or not?
I think they should re key the exterior doors for the buyers safety, it wil make them feel secure and comfortable to know that no one else has a copy . After all they are buying the property in 30 days.
Seller can keep a copy in case they need to make repairs but let buyer know they have one.
I’m going to say yes for safety . As a Realtor you should look for the best interest in your Clint . Re key ..