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THIS NOTICE IS A DISCLOSURE OF SELLER'S KNOWLEDGE OF THE CONDITION OF THE PROPERTY AS OF THE DATE SIGNED BY SELLER AND IS NOT A SUBSTITUTE FOR ANY INSPECTIONS OR WARRANTIES THE PURCHASER MAY WISH TO OBTAIN. IT IS NOT A WARRANTY OF ANY KIND BY SELLER OR SELLER'S AGENTS.
Section 5.029 - Correction Instruments: Material Corrections (a) In addition to nonmaterial corrections, including the corrections described by Section 5.028, the parties to the original transaction or the parties' heirs, successors, or assigns, as applicable may execute a correction instrument to make a material ...
Under Section 5.081 of the Texas Property Code, the buyer ?at any time and without paying penalties or charges of any kind? is entitled to convert the contract-for-deed into recorded, legal title by tendering a promissory note for the balance owed with the same terms as the contract.
A Corrective Deed is used to fix/correct an error on a California deed which has already been recorded. This type of deed does not create a new interest. The Corrective Deed will correct the deed document on the earlier transfer of interest.
Texas Property Code 5.085 prohibits executory contracts for properties with liens. The seller must also not cause any liens to be placed on the property unless: Texas Property Code 5.067 allows a seller to place a lien if the lien is for providing a utility service to the property or. The seller and buyer agree.
Section 5.008 of the Texas Property Code governs a seller's duty to disclose the condition of residential real estate. You may review the promulgated disclosure form on the Contract Forms tab of the Texas Real Estate Commissioner's website found at .
As is stated in Section 5.008 of the Texas Property Code, "A seller or seller's agent shall have no duty to make a disclosure or release information related to whether a death by natural causes, suicide, or accident unrelated to the condition of the property occurred on the property."
Correction Instruments: Nonmaterial Corrections. (E) a fact relating to the acknowledgment or authentication. (2) an omitted call in a metes and bounds legal description in the original instrument that completes the description of the property.