If the Property is unoccupied and the Seller does not file the Notice as required in Section 1(a), the following events occur:
a. The Seller is liable for the full fair market value of the Purchase Price, plus Seller's costs, but no cash proceeds other than this Seller receives under the sales contract or otherwise as consideration for the Sale.
b. Seller pays the proceeds of the sale using cash, money orders or credit cards (unless the property was originally sold for cash at a public auction), but Seller receives no cash or other consideration directly.
The Purchaser has authorized a third party to act as its agent in connection with the Purchase and any taxes and fees, but the fact the property is owned by the purchaser does not change the right, obligation or requirement of the Purchaser to receive that agent\'s name and complete contact information.
2.
If the Property is occupied, how long (in the absence of the sale of the property) has the property been occupied by Sellers and/or Sellers' agents?
a.
The property was occupied immediately prior to the commencement of Sellers or Sellers', agents\' or employees\' ownership and occupancy of the property.
If the Purchaser does not find a written statement from the Owner or Seller confirming its possession of, or possession of a legal right to, the Property, the Purchaser must request it from Seller or the Seller.
b.
The Property was occupied in the past for a period exceeding one month. If the Owner does not have a current lease or rental agreement or other written confirmation from its lessee or tenant of the continued occupation of, or possession with the permission of its tenant, the following events occur:
a. Any interest in and/or possession of the property passes directly to the Purchaser if the Purchaser obtains possession or control of the property with notice to the lessee/tenant.
b. The lessee/tenant of the property gives written notice to Seller or the Seller that the lessee/tenant has abandoned or taken possession of the premises or any part of the premises as of the date of the notice. If the property was previously owned by a lessee/tenant, the lessee/tenant of the property may revoke its right to possession or control of the property in writing dated within the preceding six months specifying the date that the notice was served and the grounds for the revocation.
TX TREC OP-H 2017-2024 free printable template
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872017
APPROVED BY THE TEXAS REAL ESTATE COMMISSION (TREC)SELLER\'S DISCLOSURE NOTICECONCERNING THE PROPERTY AT(Street Address and City)THIS NOTICE IS A DISCLOSURE OF SELLER\'S KNOWLEDGE OF THE CONDITION
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Dot is at your service millions of vehicles change hands each year in Texas when you do what state law requires sellers to do you'll be protecting yourself from being held responsible for what happens with a vehicle that you no longer own by following a few simple steps you can save time and money the best way to guard against making mistakes when you sell your vehicle to an individual go with the buyer to the local county tax office and let the experts help you complete the sale now let's go over what you need to do when you're selling or trading in your vehicle step 1 sign the vehicles title and the buyers' application for a new title properly complete the back of the title for the new owner you'll need to sign and date it and enter the vehicles' mileage from the odometer you must also write in the sales price and sign an application for Texas certificate of title form 1:30 you, so the new owner can retitle the vehicle in his or her name you can download the form at WWF gov step to record the VIN and new owner information make a note of the vehicle identification number and the date that you turned over the vehicle whether it's a dealer or individual be sure to keep the new owner's name address and phone number keep the records in a safe place in case there is ever a question about the vehicle step 3 keep your license plates and registration sticker when you sell or trade in your car or truck you can transfer your license plates to another vehicle you buy or own for only $5 at the county tax office be sure to remove the registration sticker from the vehicles' windshield when you take off the plates it forces the new owner to get a title in his or her name and protects you as the former owner if you're doing business with a dealership ask the dealership to transfer the plates for you reusing the plates on another vehicle you own means you won't have to memorize the new plate number it's also the green thing to do making fewer new plates saves taxpayers money and helps the environment step four go to the county tax office with the buyer the best way to protect yourself is for you to go with a buyer to the local county tax office it's the only way you can be sure the new owner retitled the vehicle and his or her name this keeps you the seller from being held liable for anything the new owner may do with a vehicle if a trip to the county tax office with the buyer isn't possible make sure you file a vehicle transfer notification within 30 days it's easy to file online, and it's also free the vehicle transfer notification let's text no you sold the vehicle and that helps protect you from financial liability until the person who bought your vehicle titles it in his or her name you are still listed as the owner in the state's official records without the vehicle transfer notification you could be held responsible for new parking tickets or tolled violations, or you could even find yourself in the middle of an investigation if the vehicle is used to...
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