Under the Texas Property Code, what happens if a seller does not provide the Seller's Disclosure?

If a seller does not provide the Seller's Disclosure as required under the Texas Property Code, the buyer has the right to cancel the contract. This provision is in place to protect buyers by ensuring that they are fully informed about the condition of the property before completing the purchase. The Seller's Disclosure is designed to disclose any known issues or defects with the property, so when this is not provided, it undermines the buyer's ability to make an informed decision, thereby granting them the legal right to terminate the agreement.

This mechanism supports transparency in real estate transactions and can help prevent disputes that may arise from undisclosed issues after closing. Thus, the option indicating that the buyer may cancel the contract reflects the legal implications and protections afforded to buyers under Texas law when a seller fails to meet disclosure obligations.