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Which of these is required in a lead-based paint disclosure for homes built prior to 19787?
Lead Warning Statement Before renting pre-1978 housing, lessors must disclose the presence of known lead-based paint and/or lead-based paint hazards in the dwelling. Lessees must also receive a federally approved pamphlet on lead poisoning prevention.
Which of the following leases is required to include a lead-based paint disclosure?
This requirement applies to most pre-1978 private housing, public housing, federally owned housing, and housing receiving federal assistance.
Which of the following statements is true regarding lead-based paint disclosures?
HUD regulations require that known lead paint hazards must be disclosed when selling or renting a home. Homeowners are not mandated to test for lead paint, and only certified contractors are allowed to handle lead-related work. This ensures proper management of lead exposure risks.
What happens if the seller doesnt disclose lead paint?
Answer: Approximately three-quarters of the nations housing built before 1978 contains some lead-based paint. This paint, if properly managed and maintained, poses little risk. If allowed to deteriorate, lead from paint can threaten the health of occupants, especially children under six years old.
Which of these is required in a lead-based paint disclosure?
Home sellers who fail to comply with federal disclosure responsibilities may be sued by the buyer for damages suffered. These can be quite hefty, especially if young children have developed a lead-related health problem (over $10,000, depending on the violation). Other penalties can also be imposed.
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Before a contract for housing sale or lease is signed, federal law requires sellers, landlords, real estate agents, and managers of rental properties to disclose any known information concerning the presence of lead-based paint and lead-based paint hazards.
Related links
Healthy Housing Reference Manual
The lead-based paint disclosure rule (Section 1018 of the. Residential Lead-Based Paint Hazard Reduction Act of. 1992). Washington, DC: US Department of
DISCLOSURE OF INFORMATION ON LEAD-BASED PAINT. AND/OR LEAD BASED PAINT HAZARDS. Lead Warning Statement: Housing built before 1978 may contain lead-based paint.
The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments
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