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Statute text reproduced from nysenate.gov. Not attorney-reviewed for your situation — for reference only.

What is NY RPL § 464?

Quick Answer

This section mandates that a seller of residential real property must provide a revised property condition disclosure statement to the buyer if they become aware of any material inaccuracies in the previously provided statement. This obligation ceases after the transfer of title or occupancy by the buyer. Applies to sellers of residential properties.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 464 SECTION 464 Revision

RPL § 464

If a seller of residential real property acquires knowledge which renders materially inaccurate a property condition disclosure statement provided previously, the seller shall deliver a revised property condition disclosure statement to the buyer as soon as practicable. In no event, however, shall a seller be required to provide a revised property condition disclosure statement after the transfer of title from the seller to the buyer or occupancy by the buyer, whichever is earlier.

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