Everything sellers need to know about property disclosure obligations in New York — including required forms, deadlines, and penalties.
Start Managing Your ListingNew York requires sellers to complete a Property Condition Disclosure Statement covering 48 questions about the property, OR provide a $500 credit to the buyer at closing in lieu of disclosure.
Required Form: Property Condition Disclosure Statement (PCDS) — or $500 credit
Why we say "Seller-Managed Listing" instead of FSBO: The term FSBO (For Sale By Owner) carries a stigma of DIY, bargain-basement selling. Today's sellers who manage their own listings are intentional, informed, and professional — using tools like Show & Disclose to handle showings, disclosures, and buyer agent communication. That's not "for sale by owner." That's a Seller-Managed Listing — and it's the future of real estate.
Must be provided before contract signing or $500 credit at closing
$500 credit if disclosure not provided; seller still liable for fraud or misrepresentation regardless of credit
Managing disclosures is one of the most important — and most stressful — parts of selling your home. Show & Disclose gives New York sellers a professional platform to:
Click a city below for local market details and seller-managed listing tips.
Median home price: $750,000 · Seller-managed listing guide
Median home price: $210,000 · Seller-managed listing guide
Median home price: $165,000 · Seller-managed listing guide
Median home price: $550,000 · Seller-managed listing guide
Median home price: $165,000 · Seller-managed listing guide
Median home price: $240,000 · Seller-managed listing guide
Median home price: $620,000 · Seller-managed listing guide
Median home price: $480,000 · Seller-managed listing guide
Median home price: $200,000 · Seller-managed listing guide
Median home price: $140,000 · Seller-managed listing guide
New York requires sellers to complete a Property Condition Disclosure Statement covering 48 questions about the property, OR provide a $500 credit to the buyer at closing in lieu of disclosure.
The standard form is: Property Condition Disclosure Statement (PCDS) — or $500 credit. Your real estate attorney or state real estate commission can provide the current version.
$500 credit if disclosure not provided; seller still liable for fraud or misrepresentation regardless of credit
Must be provided before contract signing or $500 credit at closing
Yes. Seller-managed listings (seller-managed) are legal in New York. You'll need to handle disclosures, showings, and negotiations yourself — or use tools like Show & Disclose to manage the process professionally.