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Exam term

Property condition disclosure statement

The form the seller completes and signs and delivers to the buyer or buyer's agent before the buyer signs a binding contract. It records the seller's representations, not the agent's, and is not a warranty or a substitute for inspections.

Lessons that use this term

  • The Property Condition Disclosure Act and the uncapped natural gas well disclosure New York
  • The sales contract, binders, purchase offers, installment contracts, and options New York

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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