Final answer:
The Seller's Disclosure of Property Condition is discussed in Section 5.0081 of the Texas Property Code. This section requires sellers of residential properties to provide a written disclosure to the buyer about the condition of the property, including any known defects or issues.
Step-by-step explanation:
The Seller's Disclosure of Property Condition is discussed in Section 5.0081 of the Texas Property Code.
Section 5.0081 of the Texas Property Code
This section requires sellers of residential properties to provide a written disclosure to the buyer about the condition of the property. The disclosure includes information about any known defects or issues with the property, such as structural problems, plumbing or electrical issues, or previous damages. This disclosure is important for buyers to make informed decisions about the property they are purchasing.
It is important for sellers to provide accurate and complete disclosures to avoid potential legal issues or disputes with the buyer after the sale. Buyers should carefully review the disclosure and ask any questions or seek professional inspections if they have concerns about the property condition.