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Does Fannie Mae require lead-based paint Disclosure?

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.

What is a sellers agent required to disclose to prospective buyers about material defects in the property?

A licensee is required to disclose all material facts. A material fact is any information about the property which could affect a sellers willingness to sell or a buyers willingness to buy. Material facts must be disclosed to both clients and customers.

Which of this is required in a lead-based paint disclosure?

Disclose any known information concerning lead-based paint or lead-based paint hazards. The seller or landlord must also disclose information such as the location of the lead-based paint and/or lead-based paint hazards, and the condition of the painted surfaces.

What products can expose you to lead?

Some ceramic dishes and pottery, and some pewter and crystal glassware. Some baby bibs, purses, garden hoses, and other products made of vinyl or imitation leather. Some toys, white oil paints, costume jewelry, traditional cosmetics (such as kohl, kajal, al-kahal, or surma), and hair dyes.

Which of this is required in a lead-based paint disclosure?

Disclose any known information concerning lead-based paint or lead-based paint hazards. The seller or landlord must also disclose information such as the location of the lead-based paint and/or lead-based paint hazards, and the condition of the painted surfaces.

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How do you know if a product contains lead?

Only a certified laboratory can accurately test products for lead content. Although do-it-yourself kits are available, they do not show how much lead is present and their reliability at detecting low levels of lead has not been determined.

Does Lead Paint Cause Cancer?

Lead, Asbestos, and Cancer The toxins can be found in old paint and should be avoided when chipped, peeling, or otherwise disturbed. When both of these materials are inhaled, they can get lodged in the chest, abdomen, or other regions, eventually causing cancers.

What must a seller in a PID disclose to a potential buyer quizlet?

What must a seller in a PID disclose to a potential buyer? If county or city has made some type of improvement that benefits property owners in the area, there will be an additional tax that owners will have to pay. This will transfer to new Buyers so DISCLOSE!

Which of the following property requires a lead-based paint disclosure?

The federal lead-based paint disclosure regulations apply to residential sale or lease of properties built before 1978.

Which option is of the most concern to licensees and advertising when it comes to the Federal Trade Commission?

Which option is of the most concern to licensees and advertising when it comes to the FTC? Advertisements should not mislead or contain errors of fact, including keeping listings up to date.

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Does Fannie Mae require lead-based paint Disclosure?

What is a sellers agent required to disclose to prospective buyers about material defects in the property?

Which of this is required in a lead-based paint disclosure?

What products can expose you to lead?

Which of this is required in a lead-based paint disclosure?

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People also ask

How do you know if a product contains lead?

Does Lead Paint Cause Cancer?

What must a seller in a PID disclose to a potential buyer quizlet?

Which of the following property requires a lead-based paint disclosure?

Which option is of the most concern to licensees and advertising when it comes to the Federal Trade Commission?

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Get the up-to-date Lead Based Paint Disclosure for Rental Transaction - West Virginia 2024 now

Here's how it works

The best way to edit Lead Based Paint Disclosure for Rental Transaction - West Virginia in PDF format online

Complete this form in 5 minutes or less

Got questions?

Does Fannie Mae require lead-based paint Disclosure?

What is a sellers agent required to disclose to prospective buyers about material defects in the property?

Which of this is required in a lead-based paint disclosure?

What products can expose you to lead?

Which of this is required in a lead-based paint disclosure?

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Complete this form in 5 minutes or less

People also ask

How do you know if a product contains lead?

Does Lead Paint Cause Cancer?

What must a seller in a PID disclose to a potential buyer quizlet?

Which of the following property requires a lead-based paint disclosure?

Which option is of the most concern to licensees and advertising when it comes to the Federal Trade Commission?

Related links

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