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22 December, 10:54

Which of the following transactions require a TREC Seller's Disclosure Notice, to be provided?

A duplex

A commercial property

A new construction single-family site built home

A condominium

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  1. 22 December, 11:31
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    Explanation:

    The Texas Real Estate Commission (TREC) requires that the seller of residential property comprising not more than one dwelling unit must file a Seller's Disclosure Notice. This excludes a condominium or a duplex. Also, if the house is new and has never been used for residential purposes, then the seller doesn't have to file a disclosure either.

    The purpose of the disclosure is to inform any issues related with the house that the seller is aware of. But this disclosure does not substitute any inspections that the buyer may want to obtain.
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