Other

TXR 2201 — Residential Leasing and Property Management Agreement

Establishes a comprehensive agreement between a property owner and a broker for the exclusive leasing and management of residential property. The agreement covers the broker's authority to advertise, show, lease, manage, maintain, and handle all aspects of property operations, defines the fee struct

Source: TXR
Form Number: 2201
Category: Other
Revised: January 5, 2026

Used For

Residential Sales, RESIDENTIAL_LEASING

Form Outline

The TXR 2201 form is organized into the following sections:

  1. 1. PARTIES
    Owner (with entity type and signing authority if not an individual) and Broker — names, addresses, phones and e-mail. Owner appoints Broker as sole and exclusive leasing and managing agent (¶1B).
  2. 2. PROPERTY
    Address (include unit nos.), legal description, county and any non-real-property items. "Property" also includes any property described in an attached Multiple Property Addendum.
  3. 3. TERM
    Primary Term commencement and expiration dates; automatic month-to-month extension unless 30 days written notice; Broker may modify terms on 30 days notice after the Expiration Date — Owner must terminate within the stated number of days or the new terms are deemed accepted (¶3C).
  4. 4. SUMMARY OF FEES
    I. Reserves (¶5) — the per-unit reserve. II. Broker's Fees (¶6) — management, leasing, renewal/extension, maintenance coordination, insurance/casualty/legal-proceeding fees, and sale coordination fees. III. Termination (¶13) — amounts due when the agreement ends and the off-boarding service fee.
  5. 5. RESERVES
    Owner deposits the ¶4(I) reserve into Broker's trust account on execution; Broker may use it for any leasing/management expense and replenish it from rents or by requesting funds. No blanks.
  6. 6. BROKER'S FEES
    Where fees are payable; when each fee under ¶4(II) is earned and payable; interest on trust accounts, administrative fees, benefit-program compensation; and ¶6J Other.
  7. 7. AUTHORITY OF BROKER
    26 enumerated leasing and management powers (¶7A), record keeping, security deposits, deductions and offset, insurance and attorneys, trust accounts / MLS / keybox / listing content, performance standard, the emergency contact when Owner cannot be reached (¶7H), foreclosure (¶7I) and fund-sharing within a portfolio (¶7J).
  8. 8. LEGAL COMPLIANCE / 9. ADVANCES
    Compliance with the Texas Property Code, fair housing laws and restrictive covenants; Owner advances all funds — Broker is not obligated to advance money or perform repairs except for tenant health/safety or securing the Property. No blanks.
  9. 10. OWNER'S REPRESENTATIONS
    Ownership, no conflicting agreements, no delinquencies, optional common-area user fees, accuracy of information and listing-content copyright (¶10A); property condition and known health/safety conditions (¶10B); lead-based paint addendum for pre-1978 homes (¶10C).
  10. 11. OWNER'S COOPERATION / 12. INSURANCE
    Owner's cooperation obligations (¶11A–O). Owner must maintain public liability insurance naming Broker as co-insured in at least the stated amount and property insurance with vacancy endorsements; certificates within 15 days of the Commencement Date; Broker may purchase insurance at Owner's expense if Owner fails to (¶12).
  11. 13. TERMINATION
    Fees on termination per ¶4(III); no services after termination except off-boarding services, for which Broker's ¶7 authority is extended a stated number of days; funds received after termination are split — a stated % to Broker, the balance to Owner.
  12. 14. EXPENSE REIMBURSEMENT / 15. COOPERATION WITH OTHER BROKERS / 16.–19.
    Expense reimbursement (¶14); the amounts Broker's policy offers other brokers who represent a tenant (¶15 — check one box only); liability and indemnification (¶16); default (¶17); mediation (¶18); attorney's fees (¶19).
  13. 20. SPECIAL PROVISIONS / 21. ADDENDA / 22. AGREEMENT OF PARTIES / 23. INFORMATION
    Special provisions (open space on page 11); the ¶21 addenda checklist (A–L printed, M–P write-in); agreement-of-parties boilerplate; information notices, including the ¶23G foreign-person notification.
  14. Signatures (page 13)
    Broker's printed name and license number, the Broker's / Broker's Associate's signature line (check which capacity), the associate's printed name, and two Owner printed-name / signature / date blocks. Signature lines are e-sign tabs.

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