Can I back out after the tenant signs but before I do? (Texas)
I'm a landlord in Texas and I'm trying to understand my legal position before I do anything.
I sent a residential lease to a prospective tenant through DocuSign. He has signed it, but I have not signed it yet. He also hasn't paid the security deposit or first month's rent.
Since sending the lease, another applicant has come forward. This second applicant has a significantly higher credit score, and there are a few other factors that make me more comfortable renting to him from a risk perspective.
My questions are:
- In Texas, if the tenant has signed the lease but the landlord hasn't, is the lease generally considered binding?
- Assuming it isn't fully executed yet, can I decide not to sign and move forward with the other applicant?
I just want to understand the legal side of how this typically works in Texas. If it matters, the lease was sent through DocuSign.
Thanks
Location: Texas