• A seller isn’t required to disclose if a suicide occurred in a home or that a sex offender lives nearby. However, a seller might want to voluntarily disclose such information since a buyer may learn the information from another source.
  • A seller who has never seen or lived in a property he is selling is still required to disclose what he knows about the property. That knowledge can come from sources other than a visual examination.
  • The questions on the Seller’s Disclosure Notice (TXR 1406) ask if there are lawsuits or other legal proceedings that may directly or indirectly affect the property, which can include divorce, tax, bankruptcy, foreclosure, and heirship proceedings.
  • A buyer isn’t required by law to sign a seller’s disclosure notice.
  • Relocation companies with title to a property are still required to fill out the seller’s disclosure notice. They can attach the notice to any inspection reports concerning the property.