Which of the following is true about the use of the sellers disclosure notice quizlet?

Q: Which of the following entities is responsible for setting the minimum disclosures required in the sellers disclosure notice in Texas?

The answer is a land surveyor. A seller provided the Sellers Disclosure Notice to the buyer before both parties sign the contract. Once the contract is in effect, what right does the buyer have to terminate the contract under Section 5.008 of the Texas Property Code?

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What is true about seller disclosure in Georgia quizlet?
Which of the following is a true statement regarding agency disclosure in Texas quizlet?
Who needs to complete a disclosure notice in Texas?
Which of the following entities is responsible for setting the minimum disclosures required in the seller's disclosure notice in Texas?

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Byron made an offer on Sally's home. Sally was out of town on a business trip and reviewed Byron's offer. When her agent, Angelica, called, Sally said that she liked the offer and would sign it when she returned. Even though Angelica asked her to sign it and fax it back that evening, Sally assured her that she would not change her mind. Angelica excitingly called her customer Byron and told him that Sally had accepted his offer. Unbeknownst to Angelica, Byron was working with another agent and had placed an offer on another home at the same time he placed an offer on Sally's home. Byron quickly called the other agent and withdrew the offer. The next day as Sally was flying back to her city, she decided that she was bothered by one of the requests made by the buyer as well as the amount of closing costs that she was being asked to pay. Sally decided that instead of accepting the offer, she would have Angelica write a counteroffer. When she met with Angelica later that day, Angelica became very upset and disclosed to Sally that she had told Byron that his offer had been accepted. When Angelica presented a counteroffer rather than an acceptance, Byron became livid. He said, "To heck with this house!" and walked away to make a new offer on the other house with the other brokerage. Sally is considering whether she will be asking Angelica's broker to assign a new sales agent to service her listing. Now Angelica has a damaged reputation, no sale, and a possible lost listing. Angelica's erroneous statement caused all this. What should Angelica have said instead to Byron?
A)
"The seller has verbally accepted your offer."
B)
Nothing, Angelica should tell Byron that she won't be speaking with Sally until Sally returns to the city.
C)
"The seller is still considering your offer."
D)
"The seller has verbally accepted your offer, but the statute of frauds renders a contract for the sale of real estate unenforceable unless it is in writing."

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What is true about seller disclosure in Georgia quizlet?

Georgia does NOT require the seller to fill out a written disclosure form or statement. That said, the law does require the seller to inform the buyer of any known defects in the condition of the home.

Which of the following is a true statement regarding agency disclosure in Texas quizlet?

Which of the following is a TRUE statement regarding agency disclosure in Texas? The answer is a license holder must disclose who they represent in a transaction orally or in writing.

Who needs to complete a disclosure notice in Texas?

Section 5.008 of the Texas Property Code requires anyone selling a single family home to fill out a seller's disclosure.

Which of the following entities is responsible for setting the minimum disclosures required in the seller's disclosure notice in Texas?

The answer is a land surveyor. A seller provided the Seller's Disclosure Notice to the buyer before both parties sign the contract. Once the contract is in effect, what right does the buyer have to terminate the contract under Section 5.008 of the Texas Property Code?