By Junell H.B. No. 1514 77R1701 PAM-D A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to requiring the seller of residential real property to 1-3 disclose to the purchaser the location of certain commercial 1-4 enterprises. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Subchapter A, Chapter 5, Property Code, is amended 1-7 by adding Section 5.014 to read as follows: 1-8 Sec. 5.014. SELLER'S DISCLOSURE REGARDING PROXIMITY OF 1-9 CERTAIN COMMERCIAL ENTERPRISES. (a) A seller of residential real 1-10 property shall give to the purchaser of the property written notice 1-11 disclosing the location of any commercial enterprise that: 1-12 (1) is located within one mile of the residential 1-13 property; and 1-14 (2) would be considered by a reasonable person to 1-15 cause an unacceptable offense to the senses, including smoke, 1-16 odors, noise, or vibrations, of a person living at the residential 1-17 property. 1-18 (b) The seller shall deliver the notice on or before the 1-19 date the executory contract binds the purchaser to purchase the 1-20 property. The notice may be given separately, as part of the 1-21 contract during negotiations, or as part of any other notice the 1-22 seller delivers to the purchaser. 1-23 (c) If an executory contract is entered into without the 1-24 seller providing the notice required by this section, the purchaser 2-1 may terminate the contract for any reason within the earlier of: 2-2 (1) seven days after the date the purchaser receives 2-3 the notice; or 2-4 (2) the date the transfer occurs. 2-5 SECTION 2. (a) This Act takes effect October 1, 2001. 2-6 (b) The change in law made by this Act applies only to a 2-7 transfer of property that occurs on or after the effective date of 2-8 this Act. For purposes of this section, a transfer of property 2-9 occurs before the effective date of this Act if the executory 2-10 contract binding the purchaser to purchase the property is executed 2-11 before that date. 2-12 (c) Property transferred before the effective date of this 2-13 Act is covered by the law in effect when the property was 2-14 transferred, and the former law is continued in effect for that 2-15 purpose.