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Commonly Asked Questions about Real Estate Disclaimer Forms

General Instructions: The Property Condition Disclosure Act requires the seller of residential real property to cause this disclosure statement or a copy of thereof to be delivered to a buyer or buyers agent prior to the signing by the buyer of a binding contract of sale.
When California Sellers Must Provide Disclosure Information. A California property seller needs to provide these disclosures to prospective buyers as soon as practicable before transfer of title. Thats a bit vague, as a practical matter, it usually happens early in the purchase process. Selling a California Home: What Are My Disclosure Obligations? - Nolo Nolo legal-encyclopedia residential- Nolo legal-encyclopedia residential-
As-Is Sale Disclaimer Example: Property is sold as-is without any guarantee or warranty by the seller. All inspections are the responsibility of the purchaser. Real Estate Disclaimers and How to Read Them | Buying Guide - Tallbox Tallbox real-estate-disclaimers Tallbox real-estate-disclaimers
The PCDA requires sellers to complete a standard form disclosure statement, a copy of which is available on the New York Department of State, Division of Licensing Services website.
Effective March 20, 2024, the amended New York Real Property Law Chapter 50, Article 14 (the Property Condition Disclosure Act) will compel all sellers of residential property to complete and deliver a Property Condition Disclosure Statement (PCDS) to a buyer prior to signing a contract of sale. New York State Creates New Obligations for Sellers of Meltzer, Lippe, Goldstein Breitstone, LLP alerts new-york-state-creates Meltzer, Lippe, Goldstein Breitstone, LLP alerts new-york-state-creates
In the world of estates and trusts, a disclaimer is a refusal to accept a gift or a bequest. It may sound strange to refuse a gift but a disclaimer is a useful tool for tax, asset protection and estate planning. Using Disclaimers - Franke Beckett LLC fredfranke.com estate-trust-administration usin fredfranke.com estate-trust-administration usin
A disclaimer deed lets a person give up ownership or interest in a property without giving any warranties or guarantees. This allows the disclaimant to renounce or release their rights in the property, effectively removing their name from the property title. What Is a Disclaimer Deed? - REtipster retipster.com terms disclaimer-deed retipster.com terms disclaimer-deed
Effective March 20, 2024, the amended New York Real Property Law Chapter 50, Article 14 (the Property Condition Disclosure Act) will compel all sellers of residential property to complete and deliver a Property Condition Disclosure Statement (PCDS) to a buyer prior to signing a contract of sale.
Beyond the condition of the property and environmental hazards, New York law requires sellers to disclose other pertinent information. This includes any zoning violations, restrictions, and whether the property is in a flood zone. What real estate disclosures are required in New York? Law Office of Phil Napolitano blog 2024/02 what-re Law Office of Phil Napolitano blog 2024/02 what-re
Effective as of March 20, 2024, New Yorks Property Condition Disclosure Act (the PCDA), in effect since 2002, no longer permits a seller of residential real estate to opt out of delivering a Property Condition Disclosure Statement (the Statement) by giving the Purchaser a $500 closing credit.