The Impact of Property Condition Disclosure Statement: From Seller to Buyer

In the intricate dance of real estate transactions, the property condition disclosure statement (PCDS) plays a crucial role. This document serves as a bridge between seller and buyer, fostering transparency and informing crucial decisions. Understanding the impact of a PCDS is essential for both parties navigating the home buying or selling process. What is a Property Condition Disclosure Statement? A property condition disclosure statement, mandated by law in most states, is a document completed by the seller that discloses known material defects or issues with the property. It outlines the…

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