What is described as information provided by a seller regarding the condition of the property?

The correct answer is the real estate disclosure, as it specifically refers to information that a seller is required to provide regarding the condition of the property being sold. This disclosure includes details about any known defects, environmental hazards, or past issues with the property that could affect its value or desirability. Real estate disclosure is an important aspect of the transaction process as it promotes transparency between buyers and sellers, ensuring that potential buyers are well-informed before making a purchase.

In contrast, a property appraisal involves assessing the value of a property, typically carried out by a licensed appraiser, and is focused on market value rather than the condition of the property itself. Title insurance protects against any claims or issues related to the property’s ownership history but does not address current property conditions. A property inspection report is typically conducted by a qualified inspector who assesses the property for defects, but this is usually initiated after the disclosure and is not provided directly by the seller.