Do I Need to Disclose Issues When Selling My Port Washington Home?

Do you need to disclose problems when selling your Port Washington home?
Yes. In New York, sellers are legally required to provide buyers with a completed Property Condition Disclosure Statement (PCDS). As of March 20, 2024, the law changed — sellers can no longer opt out by offering a $500 credit at closing. Transparency is now mandatory and protects both sellers and buyers.

New York’s Property Condition Disclosure Law

Sellers must now deliver a fully completed PCDS before a binding contract is signed. The form requires you to answer detailed questions about the condition of your property, including systems, structural issues, and environmental factors like flooding.

Failing to provide this document can expose you to liability even after closing.

What Issues Should Be Disclosed?

You should disclose anything that materially affects the home’s value or safety, such as:

• Water damage, leaks, or flooding history

• Structural problems, foundation cracks, or roof issues

• Mold, asbestos, lead paint, or pest infestations

• Electrical, plumbing, or HVAC problems

• Unpermitted renovations or code violations

• Property line disputes or easements

Why Honesty Pays Off

• Legal Compliance: It’s now required — and failing to disclose can create legal consequences.

• Buyer Confidence: Being upfront creates trust and smoother negotiations.

• Fewer Surprises: Most buyers order inspections anyway. Disclosure helps avoid deal fallout.

How Eric Berman Helps Sellers

Eric ensures that his clients:

• Complete the updated PCDS accurately

• Understand which issues must be disclosed

• Work with attorneys to stay compliant with the new law

This proactive approach reduces stress and keeps the sale on track.

Bottom Line: Yes, you do need to disclose issues when selling your Port Washington home — and as of March 2024, the $500 credit loophole is gone. Full disclosure is required, and working with a knowledgeable local agent makes the process much easier.

Thinking about selling? Contact Eric Berman for guidance on disclosures and a smooth, compliant sale.

Meta Description:
Do you need to disclose problems when selling your Port Washington home? Yes — the $500 credit loophole ended in 2024. Learn what must be disclosed and how Eric Berman helps sellers stay compliant.