Which of the following statements is TRUE regarding sellers’ disclosures in Texas?

The correct choice relates to the responsibility of sellers in Texas regarding the disclosure of known defects in their property. Texas law mandates that sellers provide a written disclosure statement that outlines any known material defects in the property. This requirement is in place to ensure that potential buyers are informed of any significant issues that could affect their decision to purchase the property. By obligating sellers to disclose known defects, the law aims to promote transparency in real estate transactions and protect consumers from unexpected problems after the sale.

This requirement applies regardless of the age of the property, meaning sellers cannot evade their disclosure responsibilities based on how long the property has been on the market. While licensed agents can assist sellers in completing disclosure forms, the responsibility lies primarily with the sellers themselves to report any known issues. Therefore, sellers are held accountable for the accuracy and completeness of the information provided in these disclosures, which underscores the importance of honesty in the transaction process.