What does TREC allow that is optional for helping sellers disclose property condition?

The Seller's Disclosure Notice form is a crucial tool that TREC provides to assist sellers in disclosing the condition of their property. This form is designed to give potential buyers comprehensive information regarding various aspects of the property, such as past repairs, known defects, and other relevant details that might affect the buyer's decision. By filling out this form, sellers can ensure they are being transparent about their property, which can help avoid legal issues later on related to undisclosed problems.

Using the Seller's Disclosure Notice is optional, but it is highly recommended as it protects both the seller and the buyer, fostering trust and transparency during the transaction. This document helps create a legal record of disclosures made by the seller, enhancing the buyer's understanding of what they are purchasing.

In contrast, the other options mentioned do not serve the same purpose for property condition disclosure. A formal sales agreement, for example, outlines the terms of the sale but does not focus on the property’s condition specifically. A leasing agreement template pertains to rental properties and tenant-landlord relations, while marketing materials are used primarily for promoting the listing rather than disclosing property conditions.