What Disclosures Am I Required to Provide When Selling a Home in Manhasset?
Selling a home in Manhasset isn’t just about price and marketing — it also comes with legal disclosure responsibilities. Understanding what you’re required to disclose (and what you’re not) helps you avoid delays, reduce risk, and move through the sale with confidence.
Why Disclosures Matter When Selling in Manhasset
Manhasset buyers are well-informed and cautious, especially at higher price points. Disclosures help create transparency, protect both parties, and reduce the risk of disputes after closing.
Homes in neighborhoods like Munsey Park, Strathmore, Plandome, Plandome Heights, Plandome Manor, Flower Hill, and North Strathmore often have older construction, renovations over time, or unique property features — all of which make proper disclosure especially important.
Eric Berman REALTOR works closely with sellers and attorneys to ensure disclosure decisions are handled correctly.
New York’s Property Condition Disclosure Rules
In New York State, sellers have two options:
Complete the Property Condition Disclosure Statement (PCDS)
Provide a $500 credit to the buyer at closing
Most Manhasset sellers choose the $500 credit instead of completing the full PCDS, as it limits liability and simplifies the process.
Your attorney will help confirm the best approach for your situation.
What You Must Disclose If You Complete the PCDS
If you choose to complete the Property Condition Disclosure Statement, you are required to disclose known material issues — not guesses or assumptions.
These include known problems related to:
Structural Issues
Foundation concerns
Cracks or shifting
Roof leaks
Water & Drainage
Flooding or water intrusion
Basement seepage
Sump pump issues
Mechanical Systems
Heating and cooling problems
Electrical defects
Plumbing issues
Environmental Factors
Mold
Asbestos
Lead-based paint (for homes built before 1978)
Radon (if known)
Pests
Termites
Carpenter ants
Rodents (if persistent or treated)
You are only required to disclose what you know, not what you suspect.
What Sellers Are Not Required to Disclose
New York law does not require sellers to disclose:
Deaths in the home
Neighbor disputes
Noise complaints
Future development plans
Personal opinions about the neighborhood
You are also not required to investigate or test for issues you are unaware of.
Lead-Based Paint Disclosure (Federal Requirement)
If your Manhasset home was built before 1978, federal law requires:
Disclosure of known lead-based paint hazards
Delivery of the EPA lead disclosure pamphlet
Buyer acknowledgment
This requirement applies regardless of whether you complete the PCDS or provide the $500 credit.
Why Most Manhasset Sellers Choose the $500 Credit
The $500 credit option is popular because it:
Reduces seller liability
Avoids subjective questions
Simplifies paperwork
Keeps attorneys involved in disclosures
Prevents future claims
Eric and your attorney will coordinate this option seamlessly during contract preparation.
Inspection Reports & Prior Repairs
If you have prior inspection reports or documentation of major repairs, you should discuss them with your attorney.
You’re not automatically required to provide past reports, but hiding known issues can create legal exposure.
Transparency — guided by legal advice — is key.
Common Disclosure Pitfalls to Avoid
Manhasset sellers sometimes run into trouble when they:
Guess instead of stating facts
Minimize known issues
Over-disclose unnecessary details
Share opinions rather than objective information
Eric Berman REALTOR helps keep communication clean, factual, and appropriate throughout the process.
How Eric Berman REALTOR Helps Sellers Navigate Disclosures
Eric works closely with your attorney to ensure:
Proper disclosure strategy
Clear communication
Accurate paperwork
Reduced liability exposure
Smooth contract negotiations
You’ll always know what’s required — and what’s not.
Disclosure requirements are an important part of selling a home in Manhasset, but they don’t have to feel overwhelming. With the right guidance from your attorney and Eric Berman REALTOR, you can navigate disclosures confidently while protecting your interests.
FAQs
Do I have to complete the Property Condition Disclosure Statement in Manhasset?
No — most sellers choose the $500 credit instead. Ask Eric Berman REALTOR how this works.
What happens if I don’t disclose a known issue?
It can create legal risk after closing. Contact Eric to avoid common mistakes.
Do I need to disclose past repairs?
Only known material issues matter. Eric can guide you on what’s appropriate.
Is lead paint disclosure required in Manhasset?
Yes, for homes built before 1978. Reach out to Eric for compliance help.
Should I talk to an attorney about disclosures?
Absolutely. Eric can coordinate with your attorney.
Eric Berman, REALTOR®
Compass Greater NY
917-225-8596
eric@ericbermanteam.com
www.theericbermanteam.com