New York State Disclosure Form for Buyer and Seller
New York State law requires real estate licensees who
are acting as agents of buyers or sellers of property to
advise the potential buyers or sellers with whom they
work of the nature of their agency relationship and the
rights and obligations it creates. This disclosure will help
you to make informed choices about your relationship
with the real estate broker and its sales agents.
Throughout the transaction you may receive more than
one disclosure form. The law may require each agent
assisting in the transaction to present you with this disclosure form.
A real estate agent is a person qualified to
advise about real estate.
If you need legal, tax or other advice, consult with a
professional in that field.