Notice

TXR 2505Notice to Prospective Buyer

This TREC-approved notice advises a prospective buyer of three important things: (1) to have the property's abstract examined by an attorney or obtain title insurance, (2) that properties in Utility Districts require the buyer to sign a statutory notice about tax rates, bonded indebtedness, or stand

Source: TXR
Form Number: 2505
Category: Notice
Revised: November 7, 2022

Used For

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

Form Outline

The TXR 2505 form is organized into the following sections:

  1. Title Examination or Insurance Advisory
    Advises the buyer to either have an attorney examine the property abstract or obtain title insurance to protect their interest in the property.
  2. Utility District Notice
    Warns that properties in Utility Districts (such as MUDs) carry statutory notice requirements about district taxes, bonds, and fees that the buyer must acknowledge.
  3. Public Improvement District Notice
    Alerts the buyer that properties in Public Improvement Districts require a separate written notice from the seller under Texas Property Code Section 5.014.
  4. Date, Brokerage, and Buyer Acknowledgment
    The broker dates and signs the notice, identifies their brokerage, and the prospective buyer(s) sign to acknowledge receipt.

How RaiderX Agents Use This Form

When you upload a signed TXR 2505 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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