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If the paint is in good shape, the lead-based paint is usually not a problem. Deteriorating lead-based paint (peeling, chipping, chalking, cracking, damaged, or damp) is a hazard and needs immediate attention.
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.
The FHA/HUD official site reminds residents and landlords that the Lead Disclosure Rule requires home sellers and landlords of housing, built before 1978 to disclose to purchasers and potential tenants knowledge of lead-based paint or lead-based paint hazards using a disclosure form, signed by both parties, attached
Its only perfectly OK to live in a home with lead paint if the paint is sealed. Youll need to take immediate action if the surface paint is deteriorating in any way, including peeling, chipping or chalking.
Answer: The older your home, the more likely it contains lead-based paint. For example, 87% of homes built before 1940 have some lead-based paint, while 24% of homes built between 1960 and 1978 have some lead-based paint.
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If a lead-based paint disclosure reveals that your new home has lead, you wont need to tear down the walls or pay for expensive remediation in most cases. ing to the EPA, if the paint is in good condition it likely isnt a problem.
The Lead Law protects a childs right to a lead-safe home. It requires the removal or control of lead paint in houses with children under 6. If houses built before 1978 are being sold or rented, sellers, real estate agents, and owners who rent their homes are required to notify their buyers and tenants of lead risks.
If tests show lead paint inside or outside your home, there are temporary measures you can take to reduce or control the hazard. Immediately clean up any paint chips you find. Keep play areas clean. Dont let children chew on painted surfaces.

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