Relating to an exemption of the transfer of certain rights in water from certain disclosure requirements applicable to the transfer of certain interests in real property.

HB 3901 exempts the transfer of groundwater and surface water rights from standard property disclosure requirements when selling or conveying real estate. It modifies Texas Natural Resources Code sections to remove these water rights from mandatory disclosures that apply to other property interests, such as mineral leases or security interests. The bill requires specific coastal property notices (including tide line changes and state submerged land restrictions) for sales seaward of the Gulf Intracoastal Waterway, but excludes water rights transfers from needing these disclosures. This change directly affects property sellers and buyers involved in transactions involving water rights, streamlining disclosures for these specific transfers.