When you sell your house in Texas you need to fill out a form called a Sellers Disclosure Notice. This document discloses everything a potential buyer needs to know about the property. Let’s dive in!
The purpose of a sellers disclosure notice is to make it clear what features the subject property has and if they are in working condition or not. Also, this notice let’s a buyer know if the seller is aware of any deficiencies or previous damage and repairs with the property like flooding, house fires, foundation issues, etc..
Sellers need to disclose everything they know about the property to the prospective buyer. If you hide anything or lie on the disclosure, you could open yourself up to potential lawsuits. So be honest and don’t end up in litigation!
When we first initially sign our listing agreement with each other, we will provide you with a sellers disclosure form to fill out. We request that we receive it back prior to going live on the market. The notice is quite tedious, so we can help if you don’t understand what the form is asking you. Also, if you want to get ahead of the game, you can download the Sellers Disclosure Notice here.