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Lead based disclosure form

Lead based disclosure form 2025

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The document is a Lead-Based Paint Disclosure form required for the sale of residential properties built before 1978. It informs buyers about potential lead hazards, outlines seller obligations to disclose known lead issues, and provides a warning about the risks of lead poisoning, particularly to young children and pregnant women. The form includes sections for seller disclosures, purchaser acknowledgments, and agent responsibilities, along with a certification of accuracy. Additionally, it mandates that sellers provide an EPA pamphlet on lead safety.

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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.

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 disclosure?

Its just required to disclose potential lead paint. As long as it isnt peeling, it shouldnt be an issue.

Should I be worried about lead paint disclosure?

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 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.

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