Texas License Law
In Texas, real estate license holders are required to use TREC's promulgated Seller's Disclosure Notice form. The primary purpose of this requirement is to:
AEnsure all property taxes are current
BProvide buyers with standardized, consistent information about property condition and known defects✓ Correct
CProtect agents from liability for unknown defects
DReplace the need for professional property inspections
Explanation
TREC's Seller's Disclosure Notice (SDN) form provides a standardized way for sellers to disclose known property conditions, defects, and other material information. It helps buyers make informed decisions and creates a record of what was disclosed. It does not replace professional inspections and does not protect sellers from liability for intentional concealment.
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