What may be included in a property disclosure statement?

The inclusion of any known defects or issues with the property in a property disclosure statement is crucial because it fosters transparency between the seller and potential buyers. This statement is intended to inform buyers about the condition of the property, helping them make informed decisions. By disclosing issues such as structural defects, plumbing problems, or pest infestations, the seller not only complies with legal obligations but also builds trust with the buyer, potentially avoiding future disputes.

In contrast, while a summary of the local neighborhood, a history of the property's appraisals, or the seller's financial disclosures may be relevant to a buyer's overall assessment of the property, they do not typically fall under the necessary disclosures mandated by law focused on the condition and issues specific to the property itself. Accurate detailing of defects ensures that buyers are aware of what they might be facing, aligning with the principles of full disclosure in real estate transactions. This emphasis on known issues is why this answer is the most suitable choice when discussing property disclosure statements.