The guy didn't necessarily mislead you when he suggested it was treated and ready to use. There are a lot of things that can be done to make wood "treated and ready for use". Hot Saltwater bathes are a great way to "cure" wood for use and is what was probably meant. Since removing all of the tannic acid is not required for safe use, there is no reason the seller should feel obligated to remove it all.
As described above, the tannic acid (tannins) is not at all harmful to your fish in and of it;sef... but being an acid, it will have an acidic effect on your water, or in other words, will lower your PH/KH...