Addendum

TXR 2018Addendum Regarding Fee In Lieu of a Security Deposit

This addendum provides an alternative to the traditional upfront security deposit by allowing the tenant to pay a recurring fee to the landlord in lieu of a security deposit. The fee is paid with each rent payment throughout the lease term. This arrangement reduces the tenant's upfront move-in costs

Source: TXR
Form Number: 2018
Category: Addendum
Revised: January 5, 2026

Used For

Residential Sales, RESIDENTIAL_LEASING

Form Outline

The TXR 2018 form is organized into the following sections:

  1. Property
    "ADDENDUM TO RESIDENTIAL LEASE CONCERNING THE PROPERTY AT" — a three-line address blank under the title.
  2. A. FEE IN LIEU OF A SECURITY DEPOSIT
    "Tenant will pay Landlord a recurring fee of $____, payable at the time each rent payment is due during the Lease. [Notice: This paragraph will supersede Paragraph 3E of the Lease.]"
  3. B. NOTICES
    Six notices: (1) Tenant may instead pay a security deposit of $____, calculated at the signing of the Lease; (2) the fee is not refundable; (3) it only secures occupancy without a security deposit; (4) it does not limit Tenant's responsibilities under the lease; (5) it is not insurance; (6) Tenant may withdraw at any point and pay the security deposit otherwise offered to new tenants.
  4. Signatures
    Signature lines for up to two Landlords and up to four Tenants (each with a Date), plus "Or signed for Landlord under written property management agreement or power of attorney: By / Printed Name / Firm Name".

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