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Though lead-based paint for use in homes was banned in the U.S. in 1978, it is still present in millions of homes. Lead-based paint is usually not a hazard if it is in good condition. However, deteriorating (peeling, chipping, chalking, ing, or damaged) lead-based paint is a hazard and needs prompt attention.
Lead and lead compounds have been used in a wide variety of products found in and around our homes, including paint, ceramics, pipes and plumbing materials, solders, gasoline, batteries, ammunition and cosmetics. Lead may enter the environment from these past and current uses.
Lead is a toxic metal that was used for many years in products found in and around homes. These products included lead-based paint, lead pipes, and leaded gasoline. Lead has been removed from many household products. Lead is still used in some commercial or industrial products.
Its just required to disclose potential lead paint. As long as it isnt peeling, it shouldnt be an issue.
The Lead-based Paint Disclosure Rule requires sellers, landlords, real estate agents and property managers to provide specific information about known lead-based paint and lead-based paint hazards before prospective renters and homebuyers sign a lease or contract.
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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, ing, damaged, or damp) is a hazard and needs immediate attention.

lead based paint disclosure addendum