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Lead-based paint disclosure exemptions In addition to houses built in or after 1978, the following also qualify for an exemption from the disclosure rules: Dwelling units with no bedrooms, such as a studio apartment. Dwelling units that are leased for 100 days or fewer, such as short-term rentals.
EPA issued a rule under section 1018 of this law known as the Lead-Based Paint Disclosure Rule. It directs EPA and HUD 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.
A lead-based paint disclosure form is a federally required form issued to all tenants and potential buyers of residential property built before January 1, 1978, to warn of the existence of lead paint.
Its just required to disclose potential lead paint. As long as it isnt peeling, it shouldnt be an issue.
For properties built before 1978, Freddie Mac gives borrowers the option to either: Test for lead-based paint 1. program to manage the hazard in place. Regardless of borrowers action, environ- mental consultants must comment on the paint condition for all properties built before 1978.
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