preview

Texas Seller Disclosure Case Study

Satisfactory Essays

. Texas laws state that buyers and sellers needs are different when it comes to buying or selling property (Willis, 2016). Wills stated that most seller want to sell their property “as is” with no warranties. They do not want to be liable for any type of repairs or obligations once the real estate is sold. The Texas Seller Disclosure states that a seller is under the duty to disclose material facts that would no be discovered by the normal care and diligence of the purchaser. It further states that a normal investigation or inquiry should not disclose any material facts about a property, but the seller has no reason to disclose facts that he or she does not know.

Get Access