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:

1. Complete the Property Condition Disclosure Statement (PCDS)

2. 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