Seller's Disclosure Notice
The statutory Texas form on which a seller of most residential property discloses the property's known condition to the buyer.
The Seller's Disclosure Notice is the statutory form a seller of most residential real property in Texas must give the buyer, disclosing the known condition of the property, such as the status of systems, known defects, and other conditions the form asks about. The Texas Property Code requires it for most one-to-four-family residential sales, with statutory exemptions, such as certain sales by an estate or a foreclosing lienholder.
The notice is the seller's disclosure, completed to the best of the seller's knowledge, and it is separate from the federal lead-based-paint disclosure. It does not replace a buyer's inspection.
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Try 5 free questionsRelated terms
- Material Fact
A fact that affects the value or desirability of property and that a license holder must disclose if it is not readily observable.
- Deceptive Trade Practices Act (DTPA)
The Texas consumer-protection statute that gives a consumer remedies for false, misleading, or deceptive acts, including in real estate.
- Lead-Based Paint Disclosure
The federal requirement that sellers and landlords of pre-1978 housing disclose known lead hazards, provide an EPA pamphlet, and allow a 10-day inspection.
This definition is Texas real estate exam-prep education, not legal, tax, or professional advice. Verify current rules against the official source before relying on them for a real transaction. Back to the full glossary.