Purpose of Statement: This is a statement of certain conditions and information concerning the property known to the seller. New York law requires most property sellers to disclose known home defects to buyers, covering structural, environmental, and other physical and legal issues.Who needs to fill out the PCDS? A seller of "residential real property" must complete and deliver a PCDS to a buyer before the. On the ____ day of ____ in the year ____ before me, the undersigned, personally appeared. , personally known to me or proved to me on the basis of satisfactory. All sellers of existing 1-4 family homes and town homes must complete and sign the Property Condition Disclosure Statement. Note that a Provider need only obtain the recipient's signature on the final disclosure that corresponds to the consummated transaction. This statement must be filed with the Town or Village Clerk, as applicable: (1) Within 30 days of taking office, or. New York requires an all-purpose acknowledgment certificate for documents affecting real property in the state.