Who is required to complete a property disclosure notice in Texas?

In Texas, most sellers of single-family residential properties are required to complete a property disclosure notice to provide potential buyers with critical information about the property's condition. This disclosure is mandated by the Texas Property Code and aims to promote transparency in real estate transactions. It includes details about significant defects, past repairs, and issues related to the property's structure and systems that might affect the buyer's decision.

This requirement emphasizes the importance of sellers being proactive in informing buyers about any known problems with the property, which helps mitigate disputes post-transaction. The goal is to protect consumers and ensure they are making informed decisions based on a clear understanding of the property's condition.

While homeowners and commercial property sellers may also have responsibilities regarding disclosures, the specific requirement for a property disclosure notice primarily targets sellers of single-family residential properties in Texas. Real estate agents play a role in facilitating these disclosures but are not the ones primarily responsible for completing the notices.