What type of information does a property disclosure statement typically contain?

A property disclosure statement is primarily designed to inform potential buyers about the condition of the property being sold. It typically includes detailed information provided by the seller regarding any known issues, defects, or necessary repairs related to the property. This can encompass aspects such as the state of the roof, plumbing, electrical systems, and any past incidents of water damage, pest infestations, or environmental hazards. By disclosing this information, sellers help prospective buyers make informed decisions and can also protect themselves from legal liabilities related to misrepresentation.

While the other options may contain relevant information in different contexts, they do not accurately reflect the primary purpose of a property disclosure statement. For instance, a seller's financial situation, market value estimates, and previous ownership history are not typically included in these documents, as their focus is on the physical state and condition of the property itself.