Notice

TREC 58-0 — Notice to Prospective Buyer

This form fulfills the broker's legal obligation to advise a prospective buyer about three important matters before the buyer signs an offer to purchase: (1) the buyer should have the property's abstract examined by an attorney or obtain a title insurance policy, (2) if the property is in a Utility

Source: TREC
Form Number: 58-0
Category: Notice
Revised: November 7, 2022

Used For

Residential Sales, Commercial Sales, Farm & Ranch, Vacant Land

Form Outline

The TREC 58-0 form is organized into the following sections:

  1. Header
    Identifies the form as approved by the Texas Real Estate Commission.
  2. Title Examination Advisory
    Advises the prospective buyer to either have a title abstract examined by their own attorney or obtain title insurance before purchasing the property.
  3. Utility District Notice Advisory
    Notifies the buyer that properties in utility districts (MUDs, WCIDs, etc.) carry special tax obligations and the seller must provide a statutory notice about district taxes and bonded indebtedness.
  4. Public Improvement District Notice Advisory
    Alerts the buyer that properties in public improvement districts (PIDs) carry additional assessment obligations and the seller is legally required to provide written PID notice.
  5. Date and Broker Identification
    Captures the date the notice is given and identifies the brokerage and the specific broker or sales associate providing the notice.
  6. Buyer Acknowledgment of Receipt
    The buyer acknowledges receipt of the notice by signing. Space is provided for up to two buyers.

How RaiderX Agents Use This Form

When you upload a signed TREC 58-0 to a deal in RaiderX's Deal Manager, it reads the form's key dates and terms and automatically builds out your deadlines, contingencies, and tasks — so nothing slips through the cracks between contract and closing. Forms with a fill map also support e-signature directly inside RaiderX, so you can send this document for signature without leaving the platform.

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