Who is required to notify about material changes to subdivision information?

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

The seller is required to notify about material changes to subdivision information because they hold the primary responsibility for providing accurate and up-to-date information regarding the property being sold. In real estate transactions, the seller is typically the party that has firsthand knowledge of any changes that could significantly impact a buyer's decision, such as alterations to the subdivision's regulations, amenities, or availability of services.

This duty to disclose ensures that buyers are fully informed and can make educated decisions regarding their purchase. While the listing agent, broker, or buyer may have roles in the transaction, it is ultimately the seller's obligation to communicate any pertinent changes that could affect the property's value or desirability. This requirement is designed to promote transparency and protect the interests of all parties involved in the transaction.

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