Knowledebase Tag: Seller's disclosure notice
- Is the owner of a duplex required to provide a seller’s disclosure notice when listing his property for sale?
- If the sellers learn of new information about their property after providing the seller’s disclosure notice, do the sellers have a duty to provide the new information to the buyers under the current contract?
- My buyer is purchasing his first home. His option period has ended, and it’s eight days from closing. My client still hasn’t received the seller’s disclosure notice, and asked me if he can terminate the contract. Can he?
- My client was named the executor of his mother’s estate after she passed away, and now he’s planning to sell the house she owned. He hasn’t lived in the property, so he has no idea if there are any existing issues. Is he still required to furnish a Seller’s Disclosure Notice to potential buyers?
- Does a landlord have to provide a Seller’s Disclosure Notice to a tenant entering into a lease?
- Do the seller’s disclosure-notice requirements apply to a relocation company?
- Both TAR and TREC have a seller’s disclosure notice. Can my seller use either form and still be in compliance with the law?
- How can brokers and salespersons remember what must be provided?
- The owner of a home that I have been leasing and managing recently passed away. Her will left the property to her son and daughter. Her son is also the independent executor of her estate. When listing the property for sale, the son, who is an attorney, told me that he is not required to provide a seller’s disclosure notice. Is he right?
- My client is selling a property that has flood insurance coverage because it’s located within a special flood hazard area. He noted the present coverage in the Seller’s Disclosure Notice (TAR 1406), signed the disclosure notice, and attached the Information about Special Flood Hazard Areas (TAR 1414) to the disclosure notice. The buyer then signed the disclosure notice, acknowledging receipt. Do the buyer and seller have to sign the information form, too?
