This form is used by a purchaser of real property to waive the consumer protection rights afforded by the Deceptive Trade Practices–Consumer Protection Act, Tex. Bus. & Com. Code §§ 17.41–.63. The language of the waiver is based on that suggested in the statute and must be in at least ten-point, bold-faced type. See Tex. Bus. & Com. Code § 17.42.
Waiver of Consumer Rights
Date:
Contract
Date:
Seller:
Seller’s Address:
Buyer:
Buyer’s Address:
Property:
Waiver of Consumer Rights: In connection with the foregoing Earnest Money Contract, Buyer waives Buyer’s rights under the Deceptive Trade Practices–Consumer Protection Act, section 17.41 et seq., Texas Business & Commerce Code, a law that gives consumers special rights and protections. After consultation with an attorney of Buyer’s own selection, Buyer voluntarily consents to this waiver.
[Name of buyer]