Who is required to sign the TREC Seller's Disclosure Notice?

The correct choice indicates that both the buyer and seller must sign the TREC Seller's Disclosure Notice. This document is essential in Texas real estate transactions because it provides crucial information regarding the condition of the property being sold. The seller is responsible for disclosing any known issues with the property, such as structural defects or environmental hazards. By signing the notice, the seller acknowledges their responsibility to provide accurate information, while the buyer's signature indicates they have received and reviewed this information.

The requirement for both parties to sign ensures transparency and fosters trust in the transaction. Additionally, it protects both the seller from future claims regarding undisclosed issues and the buyer by ensuring they have been informed about the property's condition before completing the purchase. This dual-signature requirement reinforces the importance of disclosures in real estate transactions and upholds the principles of fair dealing as mandated by real estate laws.