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Texas Property Code DisclosuresSellers_disclosure_noticeHARD

Seller Adams is a builder selling a newly constructed home. Under Texas Property Code §5.008, must Adams provide a Seller's Disclosure Notice for the new construction?

Correct Answer

C) Yes, the disclosure is required for all residential property sales including new construction

Under Texas Property Code §5.008, the Seller's Disclosure Notice is required for all residential property sales, including new construction. There is no exemption for new homes or builder sales.

Answer Options
A
No, because new construction is exempt from the Seller's Disclosure requirement
B
Yes, unless the buyer has received a new home warranty covering the property
C
Yes, the disclosure is required for all residential property sales including new construction
D
No, because the builder's warranty replaces the Seller's Disclosure requirement

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Related Topics & Key Terms

Key Terms:

sellers_disclosurenew_constructionbuilderno_exemption

Related Concepts

A material defect is a condition that significantly affects the value, desirability, or safety of a property and that would likely influence a reasonable buyer's decision to purchase or the price they would pay.

Megan's Law requires states to make information about registered sex offenders available to the public. Some states require real estate agents to inform buyers about the availability of sex offender registries.

Mold disclosure involves informing buyers about the presence of mold or conditions that are conducive to mold growth in a property. While no federal mold disclosure law exists, many states require disclosure of known mold issues.

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