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07 / Contracts & Disclosures
Ask Matt / Contracts & Disclosures
What disclosures does a seller have to provide in Texas?
A straight answer from Matt Watson, Dallas broker. Then two or three related questions worth reading next.
Answer
Texas sellers complete the Seller's Disclosure Notice covering the condition of the property, and for condos and townhomes the HOA's resale documents come along with it: budget, reserves, delinquencies, and litigation. Those documents are where the real risks hide, so I go through them the same way I would for a buyer on the other side of the table.
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Related questions buyers ask.
What is the option period? Do I need a real estate attorney for a Texas closing? What is a resale certificate?
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