Contracts
The Addendum for Property Located Seaward of the Gulf Intracoastal Waterway informs buyers about all of the following EXCEPT:
AThe risk of erosion and subsidence
BThe Texas Open Beaches Act's public access rights
CThe property's current market value✓ Correct
DThe possibility of catastrophic damage
Explanation
The Coastal Area Addendum discloses: risks of erosion, subsidence, and storm damage; the Texas Open Beaches Act (which may give the public access across private beach property); and other coastal risks. It does not address market value.
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