Customer Service Tips

We are here to help you make the most of your Multiple Listing Service (MLS) experience. View exclusive member tips provided by OneKey® MLS Customer Service to learn about rules, regulations, and upcoming changes to your MLS.

 

NOTICE: The information on this page may not be current. The archive is a collection of content previously published by Long Island Board of REALTORS® (LIBOR). Archive pages are not updated and may no longer be accurate. Users must independently verify the accuracy and currency of the information found here. LIBOR disclaims all liability for any loss or injury resulting from the use of the information or data found on this page.

Property Condition Disclosure Act

Mar 20, 2024, 16:07 PM
Title : Property Condition Disclosure Act

The recent amendment to the Property Condition Disclosure Act took effect Wednesday, March 20, 2024.  Sellers must be provided the updated 7-page/56-question Property Condition Disclosure Statement (PCDS), available on Instanet. Licensees with active listings not already under contract as of March 20, 2024, should also give the new PCDS form to the seller.

The OneKey Exclusive Right to Sell Agreement and Property Condition Buyer’s Rights & Seller’s Obligations forms have also been updated to include language documenting sellers’ and buyers’ rights and obligations under the amended law and are available on Instanet.  For more information about the amendment to the Property Condition Disclosure Act, LIBOR has prepared a  Webinar and FAQ for its members.

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