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No Signature Required: Seller's Disclosure Notice

No Signature Required: Seller's Disclosure Notice

Written by Derrick Ryskamp / 13.11.2020 /

Your sellers may be required by law to fill out a seller's disclosure, but buyers are not required to sign the disclosure.  Even though the Texas REALTORS® Seller's disclosure notice (TXR 1406) and the TREC Seller's Disclosure Notice (TREC OP-H) provide places for a buyer to sign on the last page, a buyer does not have to sign or initial at all.

 

The lines for the buyer are there, however, because obtaining a buyer's signature is one way for a seller - and the seller's agent - to prove that the buyer received a copy of the seller's disclosure. And, for that reason, some brokerages make it office policy for listing agents to attempt to get buyer's signatures.  Keep in mind that a buyer's signature indicates nothing except that the buyer acknowledges receiving the disclosure.  

 

Whether buyers sign or do not sign your seller's disclosure, it's a good idea to note in the transaction file when the buyer was given the disclosure notice.

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