The Texas Real Estate Commission recently added new contract language and created the Seller’s Disclosure About Groundwater and Surface Water Rights (TXR 1425, TREC 61-0) following direction from the Sunset Advisory Commission’s special-purpose review of TREC’s disclosure requirements. The commission published answers to common questions about when the disclosure is required and how to complete it, such as:
Why was the disclosure created?
When is it required?
How to handle exemptions and other situations
Visit trec.texas.gov to see all the questions and answers.