Which of the following types of transactions does NOT require a seller's disclosure?

Prepare for the Texas Contract Law Exam. Study with engaging multiple choice questions, each with explanations. Get ready to excel in your Texas Contract Law Exam!

In Texas law, certain transactions are exempt from the requirement of a seller's disclosure statement. The sale of property at a public auction falls into this category. This exemption exists because the nature of public auctions typically involves a bidding process where properties are sold as-is, and the responsibilities for disclosure may shift more towards the buyer and the auctioneer overseeing the sale.

In contrast, other types of transactions, such as the sale of a new single-family residence or residential sales facilitated by a real estate agent, generally require sellers to provide a detailed disclosure statement to inform potential buyers of any known issues with the property. Similarly, for sale by owner transactions, despite not involving an agent, sellers are still required to disclose material facts about the property’s condition to ensure fairness and transparency.

Therefore, recognizing that the seller's disclosure requirement does not extend to properties sold at public auctions clarifies why this transaction type is the best answer in this context.

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