Seller Disclosure Statement-Improved Property (Rev. 6/12) 2026

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  1. Click ‘Get Form’ to open the Seller Disclosure Statement in our editor.
  2. Begin by filling in the seller's name and property address at the top of the form. Ensure all fields are completed accurately.
  3. Proceed to the 'Seller’s Disclosures' section. For each question, select 'Yes', 'No', or 'Don’t Know'. If you answer 'Yes' to any asterisked items, provide detailed explanations on attached sheets.
  4. Continue through sections regarding water sources, sewage systems, structural conditions, and environmental concerns. Be thorough and honest in your responses.
  5. Once all sections are filled out, date and initial each page as required for compliance.
  6. Review your completed form for accuracy before saving or sharing it directly from our platform.

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Most seller property disclosures are required for residential properties and vacant land. This means that when selling a residential property, the seller is legally obligated to disclose any known defects or issues with the property to potential buyers.
NY Statute Mandating Disclosure of Material Defects It requires home sellers to make certain disclosures about material defects in the property or pay a credit of $500 to the home buyer at closing. Many if not most home sellers in New York actually opt not to complete the statement, and instead pay the credit.
Transfers Between Related Parties Family transactions are frequently exempt, including: Transfers between co-owners. Sales or gifts to spouses or direct family members (e.g., parent to child). Transfers resulting from divorce settlements or property divisions.
The purpose of a disclosure statement is to provide accurate and comprehensive information to individuals or entities regarding a particular subject or situation in plain language. It is often a legally required document in various contexts and is a way to ensure transparency and fairness.