Travis Texas Residential Real Estate Sales Disclosure Statement

State:
Texas
County:
Travis
Control #:
TX-37014
Format:
PDF
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Description

This form is a Seller's Disclosure Statement for use in a residential sales transaction in Texas. This disclosure statement concerns the condition of property and is completed by the Seller.


The Travis Texas Residential Real Estate Sales Disclosure Statement is a document that provides detailed information about a residential property located in Travis County, Texas, to potential buyers. This disclosure statement aims to inform buyers about any known defects, conditions, or legal matters that may affect the property's value or desirability. Keywords: Travis Texas, Residential, Real Estate, Sales, Disclosure Statement, Property, Buyers, Defects, Conditions, Legal Matters, Value, Desirability. Different types of Travis Texas Residential Real Estate Sales Disclosure Statements may include: 1. Standard Disclosure Statement: This is the most common type of disclosure statement that provides information regarding the condition of the property, potential structural issues, repairs or renovations undertaken, and any known defects. 2. Seller's Property Disclosure Statement: This statement is filled out by the seller and highlights any known issues related to the property or its surroundings, such as the presence of hazardous materials, environmental concerns, or neighborhood nuisances. 3. Mold Disclosure Statement: In cases where mold has been detected or is a known issue in the property, a separate disclosure statement may be required to provide details about the fungal growth, any remediation efforts, and potential health risks associated with mold exposure. 4. Lead Paint Disclosure Statement: For older homes built before 1978, when lead-based paint was banned, federal law requires sellers to provide a lead paint disclosure statement. This document informs buyers about the presence of lead-based paint on the property and the potential risks associated with it. 5. HOA (Homeowners Association) Disclosure Statement: If the property is part of a homeowners association or a similar community, a separate disclosure statement may be provided to detail the rules, regulations, fees, and any restrictions imposed by the association on the property's use. 6. Flood Zone Disclosure Statement: In areas prone to flooding, this type of disclosure statement informs buyers about the property's location within a flood zone or its history of flooding, potential risks, and requirements for flood insurance. Remember, the content and types of disclosure statements may vary depending on specific laws and regulations within Travis County, Texas, and it is crucial for buyers to thoroughly review these documents before making any purchasing decisions.

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FAQ

Disclosure Laws in Texas for Home Sales It says that sellers of single-unit residential real property must give purchasers a written notice containing their knowledge of the condition of the property, and sets forth language that should be on that form, focusing on material defects.

Yes. Section 5.008 of the Texas Property Code requires anyone selling a single family home to fill out a seller's disclosure. It even has a script you can use to write your disclosure?so you know you've met all the requirements.

Seller's disclosure requirements do not apply to foreclosure sales, or to the subsequent sale by a foreclosing lender (Texas Property Code Section 5.008). Foreclosure sales are also exempt from the federal lead-based-paint disclosure requirements.

Is a Seller's Disclosure Required in Texas? Yes. Section 5.008 of the Texas Property Code requires anyone selling a single family home to fill out a seller's disclosure. It even has a script you can use to write your disclosure?so you know you've met all the requirements.

The Transfer Disclosure Statement (TDS) is required in the state of California unless the seller (or transferor) meets one of the following conditions: Court-ordered sales such as probate sales, foreclosure sales, sale by bankruptcy trustee, eminent domain.

The seller's failure to provide the required disclosures entitles you to make claims for monetary damages for undisclosed defects under either the Texas Deceptive Trade - Consumer Protection Act or the Statutory Fraud Act.

Texas is one of a handful of states that are considered ?non-disclosure? states. This means there is no law that allows the state government, including appraisal districts, to force you to provide it with sales price information.

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An owner must complete and sign the disclosure form and submit the form to a prospective buyer before an offer is accepted for the sale of the real estate. 2 pagesMissing: Travis ‎TexasThe typical cost of a residential fee appraisal in. A disclosure document can be important for both home buyers and sellers. Travis Credit Union offers checking accounts, savings accounts, mortgages, car loans, credit cards and other personal or business banking services. 008, Property Code requires a seller of residential property of not more than one dwelling unit to deliver a Seller's Disclosure.

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Travis Texas Residential Real Estate Sales Disclosure Statement