When is a Seller's Disclosure Notice not required?

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

A Seller's Disclosure Notice is not required when the property being sold is a previously unoccupied new home. This exception applies because such properties typically lack the historical issues associated with older homes that would need disclosure. The purpose of the Seller's Disclosure Notice is to inform buyers about any known problems with a property, but since new homes have not been previously lived in, there often won't be any prior issues to disclose.

Other scenarios such as selling to an investor, to an out-of-state owner, or selling "as is" do not exempt a seller from the requirement to provide a disclosure notice. In these cases, the seller is still responsible for disclosing any known defects or issues with the property to potential buyers to ensure transparency and protect all parties involved. The situation of selling an unoccupied new home is distinctly different, as there would be none of the historical concerns that disclosures are meant to address.

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