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This document serves as an addendum to the Offer to Purchase and Contract, detailing the rights and responsibilities of the Buyer and Seller regarding lead-based paint and related hazards in residential
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How to fill out lead-based paint or lead-based
How to fill out LEAD-BASED PAINT OR LEAD-BASED PAINT HAZARD ADDENDUM
01
Obtain the LEAD-BASED PAINT OR LEAD-BASED PAINT HAZARD ADDENDUM form.
02
Read the instructions carefully to understand the requirements.
03
Fill in your name and contact information at the top of the form.
04
Indicate the property's address where the transaction is taking place.
05
Certify whether the property was built before 1978, as this is crucial for lead disclosure.
06
Provide information about any known lead-based paint hazards present in the property.
07
Review the rights and responsibilities related to lead hazards outlined in the addendum.
08
Sign and date the form to confirm the information is accurate.
09
Make copies of the completed form for all parties involved in the transaction.
Who needs LEAD-BASED PAINT OR LEAD-BASED PAINT HAZARD ADDENDUM?
01
Home buyers purchasing properties built before 1978.
02
Landlords renting out homes built before 1978.
03
Real estate agents involved in transactions of older homes.
04
Property sellers disclosing potential lead hazards to prospective buyers.
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What is the lead-based paint hazard addendum?
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.
What is the lead-based paint disclosure?
Before a contract for housing sale or lease is signed, federal law requires sellers, landlords, real estate agents, and managers of rental properties to disclose any known information concerning the presence of lead-based paint and lead-based paint hazards.
Do you have to disclose information on lead-based paint and or lead-based paint hazards in California?
Lead exposure is especially harmful to young children and pregnant women. Before renting pre1978 housing, lessors must disclose the presence of known leadbased paint and/or leadbased paint hazards in the dwelling. Lessees must also receive a federally approved pamphlet on lead poisoning prevention.
What is the lead-based paint amendment?
To protect families from exposure to lead from paint, dust, and soil, Congress passed the Residential Lead-Based Paint Hazard Reduction Act of 1992. This is also known as Title X (Title “ten”). EPA issued a rule under section 1018 of this law known as the Lead-Based Paint Disclosure Rule.
Do I need a lead-based paint addendum if the property was built in 1978?
Title X directs EPA and the Department of Housing and Urban Development (HUD) to require the disclosure of known information on the presence of lead-based paint and lead-based paint hazards before the sale or lease of most housing built before 1978.
What does lead-based paint addendum mean?
ADDENDUM TO RESIDENTIAL LEASE CONCERNING THE PROPERTY AT. A. LEAD WARNING STATEMENT: Housing built before 1978 may contain lead-based paint. Lead from paint, paint chips, and dust can pose health hazards if not managed properly. Lead exposure is especially harmful to young children and pregnant women.
Should I waive lead-based paint inspection?
Health Risks. Waiving lead inspections is equal to giving up on the opportunity to identify and mitigate potential lead hazards within your home. So, if you decide to go with this decision, you shall also be ready for an increased risk of lead exposure.
Do you have to disclose information on lead-based paint and or lead-based paint hazards in Maryland?
The seller/landlord of any interest in residential real property is required to disclose to the buyer/tenant the presence of known lead-base paint hazards and to provide the buyer/tenant with any information on lead-based paint hazards from risk assessments or inspections in the seller's/landlord's possession.
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What is LEAD-BASED PAINT OR LEAD-BASED PAINT HAZARD ADDENDUM?
The Lead-Based Paint or Lead-Based Paint Hazard Addendum is a document required by law to provide information about the presence of lead-based paint and its associated hazards in properties built prior to 1978.
Who is required to file LEAD-BASED PAINT OR LEAD-BASED PAINT HAZARD ADDENDUM?
Sellers and landlords of residential properties built before 1978 are required to file the Lead-Based Paint or Lead-Based Paint Hazard Addendum.
How to fill out LEAD-BASED PAINT OR LEAD-BASED PAINT HAZARD ADDENDUM?
To fill out the addendum, the seller or landlord must disclose any known lead-based paint hazards, provide the buyer or tenant with a lead hazard information pamphlet, and sign and date the document.
What is the purpose of LEAD-BASED PAINT OR LEAD-BASED PAINT HAZARD ADDENDUM?
The purpose of the addendum is to inform buyers and tenants about the potential risks of lead-based paint exposure, to ensure they are aware before making a housing decision.
What information must be reported on LEAD-BASED PAINT OR LEAD-BASED PAINT HAZARD ADDENDUM?
The addendum must report the presence of any known lead-based paint, any lead-based paint inspection or risk assessment reports, and provide a disclosure statement regarding lead hazards.
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