What occurs if a property listing does not include a disclosure of defects?

Study for the Texas Promulgated Contracts Exam. Gain understanding with detailed explanations and various question formats. Prepare effectively and ace your test!

If a property listing does not include a disclosure of defects, legal penalties may indeed be imposed on the seller. In Texas, sellers are legally required to disclose known defects that could affect the property's value or desirability. Failure to do so can lead to serious consequences, such as lawsuits or financial penalties. Sellers who do not adhere to these disclosure requirements may find themselves liable for damages if a buyer discovers undisclosed issues after the sale.

This emphasis on full disclosure helps to protect buyers from purchasing properties that may have significant problems. Thus, the option highlighting legal penalties reflects the importance of adherence to disclosure laws in real estate transactions, ensuring transparency and fairness in the housing market.

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