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There is no statutory requirement to provide a mold disclosure form. For Radon and lead, there are statutory requirements that sellers provide disclosure forms. But there are no state or federal statutory requirements that sellers provide mold disclosure forms. 2.
There is no statutory requirement to provide a mold disclosure form. For Radon and lead, there are statutory requirements that sellers provide disclosure forms. But there are no state or federal statutory requirements that sellers provide mold disclosure forms. 2.
Federal law requires a property owner or seller to inform new tenants and/or buyers of known lead-based paint and lead-based paint hazards before most sales or leases. Most private housing, public housing, federally-owned housing, and housing receiving federal assistance are affected by this rule.
The federal lead-based paint disclosure regulations apply to residential sale or lease of properties built before 1978.
Section 1018 of this law directed HUD and EPA to require the disclosure of known information on lead-based paint and lead-based paint hazards before the sale or lease of most housing built before 1978.
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Housing with deteriorated lead-based paint, which was banned in 1978, is the primary source of lead exposure in Illinois and elsewhere. Approximately 65 percent of Illinois housing units were built prior to the ban.
The servicer must follow the procedures in Notifying Fannie Mae of Lead-Based Paint Citations in F-1-12, Preparing to Implement a Workout Option to report the action to Fannie Mae.
As a seller, you might be wondering whether you need to legally disclose anything when selling a property. The answer is yes, you are legally obligated to disclose all known information about the property to potential buyers, both positive and negative.
The servicer must follow the procedures in Notifying Fannie Mae of Lead-Based Paint Citations in F-1-12, Preparing to Implement a Workout Option to report the action to Fannie Mae.
Landlords must give prospective tenants of target housing, including most buildings built before 1978: An EPA-approved information pamphlet on identifying and controlling lead-based paint hazards, Protect Your Family From Lead In Your Home (PDF).

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