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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.
This form is required by law. It is a Statement of Appraised Value that borrowers who will be using HUD-insured financing must receive prior to the purchase of the property.
The Privacy Act protects certain federal government records pertaining to individuals. In particular, the Act covers systems of records that an agency maintains and retrieves by an individuals name or other personal identifier (e.g., social security number).
The HUD-1 form, listing all closing costs, is given to all parties involved in reverse mortgage and mortgage refinance transactions. Since late 2015, a different form, the Closing Disclosure, is prepared for the parties involved in all other real estate transactions.
HUD handles complaints in several categories: Housing discrimination: Federal law prohibits housing discrimination based on your race, color, national origin, religion, sex (including gender identity and sexual orientation), family status, or disability.
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