Sellers disclosures New Build

[Andres Triveno]

Im in the process of buying a brand new construction. The listing agent said “Disclosures are not required on new construction”. Is this true?

[Ryan Craig]

Hey Andres - At least in the states I do business in a Sellers Disclosure is only required on resale properties where the seller is expected to have intimate knowledge of known material defects, i.e. has lived or is living in the home. 

Common exceptions include sales or transfers between co-owners, new construction, purchases from lenders after foreclosure, auction sales, or if the Seller has not lived in the home within the 3 years before the Closing. A quick Google search shows me Texas New Construction is exempt if "As a new residence of not more than one dwelling unit which has not previously been occupied for residential purposes".

I would verify this information with your state or real estate agent though.