Section 67 of the Property Practitioners Act required all property practitioners to procure a completed Immovable Property Condition Report (PCR) from the seller, to accompany the sale agreement. The purpose of the PCR is to protect purchasers from fraudulent or misleading representations by the seller or their agent. As such, the PCR mandates full disclosure of all property defects to the purchaser at the time of the sale.
It is however not practical or possible to include each and every defect on the PCR.
It is very important to keep in mind that the PCR is not a substitute for any inspections that are required to be conducted by the Purchaser. Furthermore, minor issues such as cosmetic and aesthetic matters or defects that can be easily repaired or replaced are not defects that need to be disclosed.