Listing Agent
Property Condition Disclosure Act Amended; New Requirements Go Into Effect in March
The Property Condition Disclosure Act (PCDA) has undergone significant changes, impacting sellers of residential real property. As of March 20, 2024, these amendments introduce fresh obligations and alter the landscape for property transactions. Background: Since March 1, 2002, the PCDA required sellers to provide a Property Condition Disclosure Statement (PCDS) to buyers before signing a contract of sale. The…
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