Question

Which of the following statements about term provisions in lease agreements in Texas is true?

a) Term provisions are optional in lease agreements.
b) Term provisions must always be for a minimum of 5 years.
c) Term provisions determine the duration of the lease.
d) Term provisions only apply to commercial leases

Answer 1

Term provisions in lease agreements in Texas determine the duration of the lease.

Step-by-step explanation:

The correct statement about term provisions in lease agreements in Texas is that term provisions determine the duration of the lease.

In a lease agreement, the term provision specifies the length of time the lease will be in effect. It can be any length of time depending on the agreement between the landlord and tenant. For example, it could be a one-year lease, a month-to-month lease, or even a multi-year lease.

This term provision is important as it establishes how long the tenant has the right to occupy the property and how long the landlord is obligated to provide the property to the tenant.