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Seller’s Disclosure Notice
Texas state law requires sellers of residential property to provide a Seller’s Disclosure Notice to any prospective buyer, and makes the seller responsible for full disclosure of items or conditions that could effect a buyer’s decision to purchase.
If there are now or have been in the past problems or repairs and you know of them, you must disclose them to any prospective buyer. Disclosure should be made before an offer to purchase is written.
A blank Seller’s Disclosure Notice is included for your use. It must be completed, signed and dated by the seller and furnished to any prospective buyer. The form must be updated if changes occur during the listing period.
The Top 7 Problems
- • Foundations
- • Water Penetration
- • Termites
- • Roof Problems
- • Asbestos
- • Septic Tanks
- • Repairs
- • selling pursuant to a court order
- • a trustee in a bankruptcy
- • a lender selling at foreclosure
- • transferring to a lender after foreclosure or deed in lieu
- • a fiduciary in the administration of an estate, guardianship, conservatorship or trust
- • a co-owner selling to another co-owner
- • selling to a spouse or a direct descendant
- • spouses transferring pursuant to court order
- • selling to a governmental entity
- What We Will Need to Get Started
- How to Show and Sell Your Home
- Seller’s Home Features Worksheet
- Seller’s Disclosure Notice
- Pre-Sale Home Inspection
- Steps to Selling Your Home
- Pricing Your Home
- What is a Competitive Market Analysis?
- The Pricing Pyramid
Exemptions to Providing the Seller’s Disclosure Notice
Sellers may be exempt from providing the notice if they are:
For more Real Estate Seller’s Tips click on the links below.
