General Landlording & Rental Properties
Market News & Data
General Info
Real Estate Strategies

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal


Real Estate Classifieds
Reviews & Feedback
Updated 9 months ago on . Most recent reply

Tenant property destruction
How do we protect ourselves from a tenant causing us significant damage in excess of the deposit amount? e.g. if we add a clause to the lease contract stating they will be liable for all charges due to their purposeful destruction or negligence, is this legally binding? If it matters, my properties are in Texas.
Most Popular Reply

The tenant is responsible, however, good luck collecting anything over and above the deposit. You can go to small claims court, but you are unlikely to see the money. Best way to reduce the chance of it happening is through good screening when you place a tenant and do regular inspections. Also avoid certain types of rentals-the C and D class are more likely to have higher turnover costs as they attract a lower quality tenant.