Seller Property Condition Disclosure Statement — New Mexico Edition Template

Most states statutorily require sellers of residential real property to deliver a written property condition disclosure to buyers — and even in "caveat emptor" states, failure to disclose known material defects can support fraud and misrepresentation claims. This comprehensive Seller Property Condition Disclosure Statement gives sellers a structured, defensible way to disclose what they actually know, and gives agents a paper trail showing the disclosure obligation was taken seriously.

The 8-page template walks the seller through every major system and condition category: structural components (foundation, roof, walls), water intrusion and drainage history, plumbing, electrical, HVAC, well and septic systems, environmental conditions (asbestos, radon, mold, underground storage tanks), pest and wood-destroying-insect history, boundary and easement issues, HOA and assessment obligations, insurance claims history, and known material defects not otherwise covered. Each item uses the Yes / No / Unknown / Not Applicable convention used in most statutory disclosure regimes, with space for narrative explanation.

State disclosure laws vary enormously — New York's Property Condition Disclosure Act (RPL Art. 14, § 462) was amended in 2024 to eliminate the old $500 credit escape hatch and now requires actual delivery of the disclosure; California's Transfer Disclosure Statement (Cal. Civ. Code § 1102 et seq.) is mandatory and has its own prescribed format; other states have their own statutory forms. The included 50-state variation notes flag where a state-prescribed form is mandatory (in which case this template serves as a supplemental disclosure or preparation worksheet) versus where a general disclosure like this one satisfies the obligation. Template only — always confirm your state's current statutory form requirements.

About this New Mexico Edition: New Mexico licenses only associate brokers and qualifying brokers, so every form names the brokerage (acting through its qualifying broker) as the contracting party and routes all compensation through the qualifying broker, consistent with the Real Estate License Law (NMSA 1978 § 61-29-1 et seq.) and the NMREC rules at 16.61 NMAC. The brokerage-relationship forms are built around 16.61.19 NMAC: transaction broker is the default, seller/buyer agency arises only by written agreement after a written Broker Duties disclosure, and dual agency requires prior written consent of both parties — hence the "Dual Agency Disclosure & Consent" title and the removal of the master template's designated-agency alternative. Because New Mexico has no statutory seller-disclosure form, the condition disclosure is drafted as a voluntary actual-knowledge statement anchored to the broker's 16.61.19 NMAC duty to disclose adverse material facts, with New Mexico-specific sections on wells, septic, acequia/water rights, flat roofs, and HOA/tax-levy attachments. Electronic execution cites the New Mexico UETA (NMSA 1978 § 14-16-1 et seq.); the statute of frauds, broker-lien absence, and community-property spousal signatures are phrased generally.