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New York Property Disclosure Statement  Form

New York Property Disclosure Statement Form

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Instructions and help about New York Property Disclosure Statement

hello welcome to 325 Lexington apartment 177e this is a one bedroom one B condo sublet for $4,700 a month in a full amenitized building with doorman roof deck and a gym right in the heart of Midtown the New York property disclosure form was for New York City an optional item this disclosure is only for one to four families homes and it does not include condos and co-ops prior to March 20 2024 the property disclosure form was an optional item for the seller to fill out the option was fill out the property disclosure form listing any known defects to the house or pay a $500 credit which is what most sellers opted to do in other states and other counties outside of New York City that disclosure requirement is key and uh and required um um and so New York state has now made it an official requirement and taken away the option to do the $500 credit so what does this change mean essentially the inspection is usually purchased and done by the buyer uh and now that the sellers are required to

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