What can happen to a homeowner who fails to provide a necessary disclosure statement according to Texas law?

In Texas, homeowners are legally required to provide a disclosure statement when selling their property. This statement informs potential buyers about various conditions and issues related to the property, such as structural problems, pest infestations, or any legal issues. If a homeowner fails to provide this necessary disclosure, they can be sued for damages by the buyer.

This is based on the idea that the buyer has the right to be informed about the condition of the property they are purchasing. Non-disclosure can lead to significant issues for the buyer, who may discover defects or problems only after the sale. Therefore, if the homeowner does not fulfill this obligation and the buyer experiences damages as a result, the law allows the buyer to seek compensation through a lawsuit.

The other options do not reflect the legal ramifications of failing to provide a disclosure statement in Texas. For instance, while there may be consequences, such as fines in other situations, the law primarily provides for the buyer's right to sue for damages. Sellers are not automatically prohibited from selling their property, nor do they have no obligations—they still must comply with disclosure laws to protect the interests of buyers.