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31
Aug

The destruction left by Harvey in Texas

The destruction left by Hurricane Harvey is on a scale Texas has never experienced.

Hurricane Harvey Photo

With estimates of the economic impact reaching $160 billion, it has the potential to become the costliest natural disaster in U.S. history. And the human toll is just as steep, with tens of thousands displaced and over 200,000 already registered for assistance. A large part of our Texas REALTOR® family lives and works in the communities included in the governor's declaration of disaster, and the Texas Association of REALTORS® is committed to helping them rebuild through the Texas and National Association of REALTORS® Relief Fund, which has received support from NAR and state and local associations across the nation. But we know recovery will be a long, costly process. Below you'll find information about how to apply for assistance or donate, legal questions related to Harvey, and other resources and information you might need.


Texas REALTORS® Relief Fund now accepting requests for assistance

REALTORS® and members of the public who’ve suffered loss due to Harvey can apply for up to $1,000 of mortgage or rental payment assistance from the Texas REALTORS® Relief Fund.
 

Apply for assistance


You're encouraged to share the link to the application with those in need of assistance.


How you can help those affected by Harvey

The NAR/Texas Association of REALTORS® Relief Fund helps people who have suffered losses due to natural disasters in Texas. One hundred percent of donations go directly to those affected by the storm, and contributions are tax-deductible to the extent allowed by law.


Donate now


Thanks to generous contributions from individuals and from state and local associations of REALTORS® in Texas and around the country—and with more than $1 million allocated from NAR’s REALTORS® Relief Foundation—the Texas Association of REALTORS® Relief Fund will provide much-needed assistance to many people affected by this devastating storm.


What to do with Harvey-affected transactions already under contract

Thousands of clients are in limbo due to the devastation left by Hurricane Harvey. And while every situation is different, here are sections in the TREC One to Four Family Residential Contract (Resale) and related addenda that might apply to transactions affected by this disaster. The TAR commercial contracts and other TREC contracts have similar provisions. Read more

Texas REALTORS® with additional questions about transactions affected by Harvey can call the TAR Legal Hotline at 800-873-9155.


TAR clarifies misinformation about new homeowners insurance law

Contrary to misinformation on social media and in some news reports, a new Texas homeowners insurance law known as House Bill 1774, which takes effect September 1, will not change the homeowners insurance claims process—no matter when claims are filed. Read more


Important information for landlords considering raising rents in counties designated as disaster areas
With high demand for shelter in areas of Texas affected by Hurricane Harvey, some landlords are considering raising rent for intact properties. However, raising rents on current or prospective tenants may be considered price gouging, which is illegal. Read more


What are tenants’ and landlords’ rights for terminating a lease due to Harvey storm damage?

Paragraph 25 of TAR’s Residential Lease deals with casualty loss, which includes a loss due to weather events, such as Harvey. If the property is deemed partially or completely uninhabitable, Paragraph 25 references the Texas Property Code Section 92.054 for guidance. Read more

Texas Association Of Realtors and Cindy Hamann HAR Chair of the Board

Art DiSegna

Realtor TX Lic #516913 Mobile: (281) 415-5888 Office: (281) 670-7394

Texas Premier Realty

Hwy 190
Onalaska, TX 77360
(281) 670-7394