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LEAD-BASED PAINT A Guide to Complying With The Federal EPA/HUD Disclosure Regulations For a complete listing of the business solutions offered from THE NATIONAL ASSOCIATION OF REALTORS, visit us online
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How to fill out lead-based paint addendum

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How to fill out lead-based paint addendum:

01
Start by obtaining a lead-based paint addendum form. This form is typically provided by your local housing authority or real estate agency.
02
Read through the form carefully to ensure you understand all the information and requirements it asks for. Familiarize yourself with any instructions or guidelines provided.
03
Begin by filling out the basic information section. This usually includes the property address, the names of the seller and buyer, as well as the date of the agreement.
04
Next, indicate whether the property is known or unknown to contain lead-based paint. If it is known to contain lead-based paint, you will need to disclose this information in the relevant section.
05
If you are unsure if the property contains lead-based paint, you may choose to check the "Unknown" box. In this case, it is important to understand that additional testing may be necessary to determine the presence of lead-based paint.
06
You may also need to provide additional information about any known lead-based paint hazards, such as deteriorating paint or previous testing results.
07
Make sure to include any attachments or supporting documents required by the form, such as lead paint inspection reports or previous disclosures.
08
Finally, both the buyer and seller should sign and date the completed form. It is crucial to keep a copy for your records and provide a copy to the other party.

Who needs lead-based paint addendum?

01
Homeowners or sellers who are aware of the presence of lead-based paint in their property.
02
Buyers or tenants who are interested in renting or purchasing a property built before 1978, as that is the year when lead-based paint was banned for residential use in the United States.
03
Real estate agents, property managers, or landlords who are involved in the sale or rental of properties built before 1978, as they have a legal responsibility to provide information about the potential presence of lead-based paint.
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Lead-based paint addendum is a document that discloses the presence of lead-based paint in a property.
Property owners, landlords, and sellers are required to file lead-based paint addendum.
Lead-based paint addendum can be filled out by providing information about the presence of lead-based paint in the property and signing the document.
The purpose of lead-based paint addendum is to inform tenants, buyers, or renters about the possible presence of lead-based paint in the property.
The lead-based paint addendum must include details about the location and condition of lead-based paint in the property.
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