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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.
What is lead-based disclosure?
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.
What is a lead-based paint disclosure form for tenants?
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.
What is a lead disclosure?
Its just required to disclose potential lead paint. As long as it isnt peeling, it shouldnt be an issue.
When to use lead-based paint addendum?
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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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
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
The lead-based paint disclosure rule (Section 1018 of the. Residential Lead-Based Paint Hazard Reduction Act of. 1992). Washington, DC: US Department of
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