Seller's Disclosure of Financing Terms for Residential Property in connection with Contract or Agreement for Deed a/k/a Land Contract - Texas 2025

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Who is Required to Provide a TDS? Generally, sellers (or transferors) of real property consisting of four or fewer dwelling units. A Mobilehome TDS (MHTDS) is required on the sale of personal property mobile homes and manufactured homes.
The sellers must disclose, in writing, any and all known material facts that affect the value of their property whether the buyers ask or not. Even if a home is sold as is in its present condition, the seller must disclose any observable (patent) defects as well as any hidden (latent) defects.
Repairs Made And Repairs Needed In addition to discussing renovations or remodeling projects that have been completed, Sellers Disclosure statements often contain a report of all of the repairs that have previously been made on a given property. This information can include the history of: Roof s or leaks.
Which of the following is a true statement about the Texas sellers disclosure of property condition law? It requires sellers of single-family residential properties to disclose material facts to buyers.
Disclosure Laws in Texas for Home Sales Seller disclosures in Texas are governed by Texas Property Code Section 5.008 (1983). This statute says that sellers of single-unit residential real property must give purchasers a written notice containing their knowledge of the condition of the property.
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