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Texas Business and Commerce Code - BUS & COM § 115.004. Additional Disclosures for Lease Agreements

Current as of January 01, 2024 | Updated by Findlaw Staff

In addition to the disclosures required under Section 115.003, a lessor shall provide to a leasing residential or small commercial customer in writing:

(1) the term and rate of the lease, including any payment escalators or other terms that affect the customer's payments;  and

(2) a statement of whether the lease and any applicable warranty or maintenance agreement is transferable to a subsequent purchaser of the property where the distributed renewable generation resource is installed.

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Cite this article: FindLaw.com - Texas Business and Commerce Code - BUS & COM § 115.004. Additional Disclosures for Lease Agreements - last updated January 01, 2024 | https://codes.findlaw.com/tx/business-and-commerce-code/bus-com-sect-115-004/

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