Environmental

New York's disclosure of property condition law (the Property Condition Disclosure Act, PCDA) applies to:

AAll real property sales in New York
BResidential sales of 1-4 family dwellings✓ Correct
CCommercial properties only
DOnly sales with a purchase price over $1 million

Explanation

The New York Property Condition Disclosure Act (Real Property Law §462) requires sellers of 1-4 family residential dwellings to provide buyers with a completed Property Condition Disclosure Statement.

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