Property
Condition
Disclosure
Statement
Name of
seller or
sellers:
______________________________________________________________________
Property
address:
____________________________________________________________________________
The
Property
Condition
Disclosure
Act
requires
the
seller of
residential
real
property to
cause
this
disclosure
statement or
a copy
thereof to
be delivered
to a buyer
or buyer's
agent
prior to
the
signing by
the
buyer of a
binding
contract of
sale.
Purpose of
Statement:
This is a
statement of
certain
conditions
and
information
concerning
the
property
known to
the
seller.
This
disclosure
statement is
not a
warranty of
any
kind by
the
seller or by
any
agent
representing
the
seller in
this
transaction.
It is not
a
substitute
for
any
inspections
or tests
and
the
buyer is
encouraged
to obtain
his or
her
own
independent
professional
inspections
and
environmental
tests
and
also is
encouraged
to check
public
records
pertaining
to the
property.
A
KNOWINGLY
FALSE OR
INCOMPLETE
STATEMENT BY
THE
SELLER ON
THIS
FORM
MAY
SUBJECT
THE
SELLER TO
CLAIMS BY
THE
BUYER
PRIOR TO OR
AFTER
THE
TRANSFER OF
TITLE. IN
THE
EVENT A
SELLER
FAILS TO
PERFORM
THE
DUTY
PRESCRIBED
IN THIS
ARTICLE TO
DELIVER A
DISCLOSURE
STATEMENT
PRIOR TO
THE
SIGNING BY
THE
BUYER OF A
BINDING
CONTRACT OF
SALE,
THE
BUYER
SHALL
RECEIVE
UPON
THE
TRANSFER OF
TITLE A
CREDIT OF
FIVE
HUNDRED
DOLLARS
AGAINST
THE
AGREED
UPON
PURCHASE
PRICE OF
THE
RESIDENTIAL
REAL
PROPERTY.
"Residential
real
property"
means
real
property
improved by
a one to
four
family
dwelling
used or
occupied, or
intended to
be used or
occupied,
wholly or
partly, as
the
home or
residence of
one or
more
persons,
but
shall
not
refer
to
(a)
unimproved
real
property
upon
which
such
dwellings
are to be
constructed
or (b)
condominium
units or
cooperative
apartments
or (c)
property on
a homeowners'
association
that is
not
owned in
fee
simple by
the
seller.
Instructions
to the
seller:
(a)
Answer
all
questions
based
upon
your
actual
knowledge.
(b)
Attach
additional
pages
with
your
signature if
additional
space is
required.
(c)
Complete
this
form
yourself.
(d) If
some
items do
not
apply to
your
property,
check
"NA"
(non-applicable).
If you do
not
know
the
answer
check
"UNKN"
(unknown).
Seller's
Statement:
The
seller
makes
the
following
representations
to the
buyer
based
upon
the
seller's
actual
knowledge at
the
time of
signing
this
document.
The
seller
authorizes
his or
her
agent, if
any, to
provide a
copy of
this
statement to
a
prospective
buyer of
the
residential
real
property.
The
following
are
representations
made by
the
seller
and
are
not
the
representations
of the
seller's
agent.
General
Information
1.
How
long
have
you
owned
the
property?
____________________________________________
2.
How
long
have
you
occupied
the
property?
__________________________________________
3.
What is
the
age of
the
structure or
structures?
_______________________________________
Note to
buyer-
If the
structure
was
built
before
1978
you
are
encouraged
to investigate
for
the
presence of
lead
based
paint.
4.
Does
anybody
other
than
yourself
have a
lease,
easement or
any
other
right to
use or
occupy
any
part of
your
property
other
than
those
stated in
documents
available in
the
public
record,
such as
rights to
use a
road or
path or
cut
trees or
crops?
Yes No UNKN
NA
5.
Does
anybody
else
claim to
own
any
part of
your
property?
Yes No UNKN
NA (if
yes,
explain
below)
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