New York Real Property Law Article 14 - PROPERTY CONDITION DISCLOSURE IN THE SALE OF RESIDENTIAL REAL PROPERTY
- 460 - Short Title.
This article shall be known and may be cited as the "property condition disclosure act".
- 461 - Definitions.
As used in this article, the following terms shall have the following meanings: 1. "Agent" means a person who is licensed as a real estate...
- 462 - Property Condition Disclosure Statement.
1. Except as is provided in section four hundred sixty-three of this article, every seller of residential real property pursuant to a real estate purchase...
- 463 - Exemptions.
A property condition disclosure statement shall not be required in connection with any of the following transfers of residential real property: 1. A transfer pursuant...
- 464 - Revision.
If a seller of residential real property acquires knowledge which renders materially inaccurate a property condition disclosure statement provided previously, the seller shall deliver a...
- 465 - Remedy.
1. In the event a seller fails to perform the duty prescribed in this article to deliver a disclosure statement prior to the signing by...
- 466 - Duty of an Agent.
An agent representing a seller of residential real property as a listing broker shall have the duty to timely inform each seller represented by that...
- 467 - Liability.
Nothing contained in this article shall be construed as limiting any existing legal cause of action or remedy at law, in statute or in equity.
Last modified: February 3, 2019