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lead based paint disclosures must be made in which of the following transactions Preview on Page 1

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Painting over lead paint is known as encapsulation, and its frequently used as an effective remediation technique. In fact, its less expensive and safer than lead paint removal, since it doesnt disturb the existing paint and doesnt tend to release lead dust or toxic particles into the air.
The federal lead-based paint disclosure regulations apply to residential sale or lease of properties built before 1978.
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!
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.
Section 1018 of the Residential Lead-Based Paint Hazard Reduction Act of 1992 directs EPA and HUD to jointly issue regulations requiring disclosure of known lead-based paint and/or lead- based paint hazards by persons selling or leasing housing constructed before the phaseout of residential lead-based paint use in 1978
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The federal lead-based paint disclosure regulations apply to residential sale or lease of properties built before 1978.
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.
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.
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.
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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