Disclosures & licensing

Texas law requires all real-estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers, and landlords:

A broker is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.

A sales agent must be sponsored by a broker and works with clients on behalf of the broker.

For questions, contact the Texas Real Estate Commission at 1700 N. Congress Ave., Austin, TX 78701 or www.trec.texas.gov.

Owner-financed real-estate sales in Texas are governed by Texas Property Code Chapter 5, Subchapter D. Under this subchapter, DIG must, at least 7 calendar days before signing:

Provide the buyer with a complete tax certificate showing all current property taxes due.

Provide a copy of the deed restrictions, if any.

Provide notice of any liens, encumbrances, or other claims on the property.

Provide an annual accounting statement to each buyer by January 31 of each year.

The buyer's right to cancel within 14 days of signing is preserved by Texas Property Code §5.072(d).

DIG provides Loan Estimate and Closing Disclosure documents in compliance with the Truth-in-Lending Act and Real Estate Settlement Procedures Act for all owner-financed transactions exceeding $25,000 secured by real property.

DIG complies with the Equal Credit Opportunity Act (15 U.S.C. §1691 et seq.). We do not discriminate against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age, or receipt of public assistance.

DIG is committed to the letter and spirit of U.S. policy for the achievement of equal housing opportunity.

As a financial institution under the Bank Secrecy Act, DIG maintains a written AML program, conducts customer due diligence on every applicant, and files Currency Transaction Reports for cash transactions exceeding $10,000.

DIG issues IRS Form 1098 (Mortgage Interest Statement) to each borrower by January 31 each year.

Buyers may file complaints with: Texas Real Estate Commission (trec.texas.gov), Texas Department of Savings and Mortgage Lending (sml.texas.gov), Consumer Financial Protection Bureau (consumerfinance.gov).

The TREC Real Estate Recovery Trust Account may reimburse aggrieved persons up to $50,000 per transaction for damages caused by license-holder fraud.

Legal name: Dispensation Investment Group.

Registered office: 1500 Marilla St., Suite 200, Dallas, TX 75201.

Designated broker: Maria Salazar (TREC #0654321).

Compliance officer: compliance@dinvestgroup.com.