What is a comprehensive checklist related to a property’s condition, including any hazards, called?

The term for a comprehensive checklist related to a property’s condition, including any hazards, is known as a property condition disclosure. This type of document is crucial in real estate transactions as it provides potential buyers with detailed information about the property's state. It is designed to disclose any known defects, issues, or hazards that may affect the property's value or safety.

Property condition disclosures are required by law in many jurisdictions to help ensure transparency between sellers and buyers, enabling buyers to make informed decisions. By having a thorough understanding of the property’s condition, buyers can assess the risks and potential costs associated with any issues that may need to be addressed.

While condition reports, property assessments, and inspection reports may all provide valuable information about a property, they are not typically synonymous with the comprehensive nature and legal implications of a property condition disclosure. Condition reports might focus on specific aspects of a property's condition, property assessments generally evaluate value and market factors, and inspection reports usually provide findings from a particular inspection without the full legal disclosure requirements that accompany property condition disclosures.