New York Property Disclosure Statement 2025

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  1. Click ‘Get Form’ to open the New York Property Disclosure Statement in our editor.
  2. Begin by entering the 'Name of Seller or Sellers' and 'Property Address' at the top of the form. Ensure that this information is accurate as it identifies the parties involved.
  3. Proceed to the 'General Information' section. Answer questions regarding property ownership duration, occupancy, and any claims on the property. Use checkboxes for responses like 'Yes', 'No', or 'Unknown'.
  4. Move to the 'Environmental' section. Here, you will address potential environmental concerns such as floodplain designations and hazardous substances. Be thorough in your responses.
  5. In the 'Structural' section, provide details about any damage or defects in the property structure. This includes roof conditions and pest infestations.
  6. Complete the 'Mechanical Systems and Services' section by detailing water sources, sewage systems, and any known issues with utilities.
  7. Finally, review all entries for accuracy before signing. Use our platform's features to save your progress and ensure a smooth completion process.

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Law 460-467). 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.
Other required disclosures 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.
Can the sellers agent or real estate broker complete the Property Condition Disclosure Statement? No. The seller is required to complete the PCDS based on the sellers actual knowledge.
As others have mentioned, ask the listing agent, and in 99% of cases, they will be happy to provide you with a link to the disclosures - unless theres something unusual in them. One important thing to note is that I said listing agent, not the open house agent.
Property Condition Disclosure Statement Changes On March 20th, 2024, a law requiring the full disclosure of the condition of the property took effect. This document, the Property Condition Disclosure Statement (PCDS) requires sellers to provide to buyers full disclosure of the condition of their property.
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New York State Real Property Law Article 14 (the Property Condition Disclosure Act) has been amended. Effective July 1, 2025, a revised Property Condition Disclosure Statement (PCDS) is required. This updated form slightly changed the existing PCDS by adding information regarding the Department of Health (see item No.

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