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
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 FSBO tips.
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 (FSBO) 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.