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  • Property Condition Disclosure Statement

Get Property Condition Disclosure Statement

1144711/06BUSINESS SERVICES FOR REAL ESTATE (800) 5553390SELLERS PROPERTY DISCLOSURE STATEMENTThis form recommended and approved for, but not restricted to use by, the members of the Pennsylvania.

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How to fill out the Property Condition Disclosure Statement online

This guide provides clear, step-by-step instructions on how to complete the Property Condition Disclosure Statement online. Whether you are a seller or a buyer, understanding this form is essential in real estate transactions to ensure transparency and compliance with legal requirements.

Follow the steps to complete the Property Condition Disclosure Statement.

  1. Press the ‘Get Form’ button to access the Property Condition Disclosure Statement and open it in the corresponding online editor.
  2. Begin by entering the property address in the designated field to accurately identify the property being sold.
  3. Provide the seller's name in the appropriate section, ensuring you include any co-sellers if applicable.
  4. Read the introductory notes regarding the seller’s disclosure obligations carefully. This ensures that you are aware of your responsibilities concerning known material defects.
  5. Fill out the Seller's Expertise section. Note any specific knowledge you have regarding contracting, engineering, or other relevant fields.
  6. In the Ownership/Ocupancy section, indicate whether the property is currently occupied, by whom, and answer questions related to previous occupancy.
  7. Proceed to the Roof section to provide information about the roof's condition, installation date, and any repairs or issues experienced.
  8. If the property has basements or crawl spaces, respond to the questions in that segment regarding water leakage and any existing sump pump.
  9. In the Termites/Wood-Destroying Insects section, disclose any known pest issues and whether the property has been treated by a professional pest control service.
  10. Continue through the structural items, plumbing, electrical, and heating systems sections, answering all questions honestly to the best of your knowledge.
  11. Once you reach the environmental issues section, detail any knowledge you may have of hazardous substances, flooding, or drainage problems present on the property.
  12. Review any additional comments or miscellaneous questions before finalizing your completion.
  13. Finally, ensure you save your changes. You may choose to download, print, or share the completed form as required.

Complete your Property Condition Disclosure Statement online today to ensure a smooth real estate transaction.

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Full disclosure is better than partial." Since a disclosure statement is a legally binding document, lies -- even by omission -- have the potential to be extremely damaging and expensive if something you left off causes problems further down the line.

A form is provided by the state, which the seller must complete and make available to the buyer. In some rare cases, mostly having to do with the transfer of real estate properties, a home sale disclosure is not required.

In general, you have an obligation to disclose potential problems and material defects that could affect the value of the property you're trying to sell. In addition, it is considered illegal in most states to deliberately conceal major defects on your property.

But read the fine print: If a buyer asks, this same statute requires the seller to disclose any death on the property more than 3 years old. Whether it's snakes, mice, or bats, in most states, sellers are required by law to disclose any sort of pest infestation or issue.

Do not exclude any information. Be honest. ... Write clearly. Use simple words in writing your income statement for disclosure. ... Attach necessary documents to your disclosure statement. ... Review and revise.

As a broad rule, all sellers of residential real estate property containing one to four units in California must complete and provide written disclosures to the buyer. There are a few exceptions, such as for multi-unit buildings and properties that are transferred by court order or from one co-owner to another.

Property disclosure statements inform buyers of existing defects to the home, and protect sellers from liability for issues they let buyers know about before the sale is finalized.

Property disclosure statements essentially outline any flaws that the home sellers (and their real estate agents) are aware of that could negatively affect the home's value. These statements are required by law in most areas of the country so buyers can know a property's good and bad points before they close the deal.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232