Please familiarize yourself with these forms, as you're likely to encounter most of them throughout your sales, purchase, or rental journey.
Forms and Documents
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Agency Disclosure Form - Sale
Agents are required by law to provide this form to you upon the first substantive contact. This form discloses the agent's relationship and fiduciary responsibilities to the buyer or seller in a sale transaction.
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Agency Disclosure Form - Rental
Agents are required by law to provide this form to you upon the first substantive contact. This form discloses the agent's relationship and fiduciary responsibilities to the landlord or tenant in a rental transaction.
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Fair Housing & Anti Discrimination Form
Agents are required by law to provide this form to you upon the first substantive contact. This form educates you on your rights in a real estate transaction.
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Exclusive Buyer Agreement
As of August 17th, 2024, new law states that buyers must enter into a written buyer agreement with an agent before touring properties, ensuring complete transparency and protection throughout the home-buying process.
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REBNY Financial Statement
This document provides an overview of your financials. You will need to complete this form to submit with your offer on any NYC apartment, especially a co-op.
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Lead-Based Paint Disclosure Form
This form requires that potential buyers and renters of housing built prior to 1978 receive certain information about lead and lead hazards in the residence prior to becoming obligated to buy or rent, and provides the opportunity for an independent lead inspection for buyers.
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Property Condition Disclosure Form
This is a document that provides important information about the condition of a property for sale. It is completed by the seller, then given to the buyer as part of the sales process.
As of March 10th, 2024, all sellers of existing 1-4 family homes and town homes must complete and sign this form.
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Closing Costs - Seller
In NYC, seller closing costs typically range from 8% to 10% of the sale price. These costs include a broker fee, combined NYC and NYS transfer taxes of 1.4% to 2.075%, legal fees, and potential building flip taxes.
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Closing Costs - Buyer
In NYC, typical closing costs for a buyer range between 1.5% to 6% of the purchase price.