A surety must guarantee that all damage to the rented unit or property is paid out of these funds. Damage cannot be due to normal wear and tear, but to the negligence of the tenant. Wear and tear is defined as deterioration due to the intentional use of the dwelling, including breakage or malfunction due to age or deterioration, as long as it is not based on inattention, accident or abuse of the premises by the tenant or a client of the tenant. The “duration” is the period during which the tenants rent your property under this lease. Normally, it`s for 12 months, but it`s negotiable. Enter the start and end date. Remember that if neither party gives a “declaration of termination”, the lease becomes the same rental price as the lease from month to month. What are the rental laws in the state of Texas? If you understand the laws, your rights and duties, you remain on the right side of the law. To terminate an annual lease agreement, a lessor must terminate at least one month in advance. One month`s notice is also required to terminate monthly leases in accordance with Texas rental and lease laws.