In Pennsylvania, what must a seller provide before closing on a property?

In Pennsylvania, a seller is required to provide a disclosure statement regarding the property's condition before closing on a property. This requirement stems from the Pennsylvania Real Estate Seller Disclosure Law, which mandates that sellers inform potential buyers of any known defects or issues with the property. The purpose of this disclosure statement is to foster transparency and allow buyers to make informed decisions about their purchase.

This practice helps protect buyers by ensuring they are aware of any significant problems that might affect the value or safety of the property. The seller's disclosure must be completed and presented to potential buyers early in the transaction process, allowing them to review it and address any concerns prior to closing.

The other options do not fulfill the legal requirement under Pennsylvania law. A buyer's acceptance letter is not mandatory for the closing process. While a warranty of title can be a part of the transaction, it is not required to be provided by the seller before closing. A deed in escrow, while sometimes used in certain transactions, is not a standard requirement for the closing process in Pennsylvania. Thus, the requirement for a disclosure statement regarding the property's condition stands out as essential for ensuring both parties are informed and protected in the transaction.