Q: Why a seller doesn't give a Property Condition Disclosure Statement (PCDS)
A: A seller of residential property is required by NYS law to give the buyer a disclosure statement *before contract) or a $500 credit at closing. If the seller gives the credit he insulates himself fro liability for any misstatement on the PCDS and if there is a defect the seller would not be responsible unless he actively concealed the defect.
Begin your case review by filling out the form below:
Decker, Decker, Dito & Internicola
1610 Richmond Road
Staten Island, NY 10304
Phone: (718) 979-4300
Fax: (718) 351-3514
Toll Free: (800) 976-4904
Get Directions