![]() ![]() The Property Code levies heavy penalties on any seller who fails to provide the above required information prior to the buyer signing the executory contract. Penalties for Seller’s Failure to Provide Documents and Disclosures a copy of any insurance policy, binder, or other evidence relating to the property that indicates the name of the insurer and insured, a description of the property, and the policy amount.a tax certificate from the collector for each taxing unit that collects taxes due on the property and. ![]() if the seller advertises property for sale under an executory contract, a disclosure of information regarding the availability of water, sewer, and electrical services.if the property is not in a recorded subdivision, a disclosure stating that utilities may not be available to the property until the subdivision is recorded. ![]()
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