TREC Publishes New FAQs: Seller’s Disclosure About Groundwater and Surface Water Rights
The Texas Real Estate Commission recently added new contract language and created the Seller’s Disclosure About Groundwater and Surface Water Rights (TXR 1425, TREC 61-0) following direction from the Sunset Advisory Commission’s special-purpose review of TREC’s disclosure requirements. The commissio

The Texas Real Estate Commission recently added new contract language and created the Seller’s Disclosure About Groundwater and Surface Water Rights (TXR 1425, TREC 61-0) following direction from the Sunset Advisory Commission’s special-purpose review of TREC’s disclosure requirements. The commission published answers to common questions about when the disclosure is required and how to complete it, such as:
- Why was the disclosure created?
- When is it required?
- How to handle exemptions and other situations

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