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Lead Based Paint Addendum Property: 2913 Hurley Street, Philadelphia, PA 19134 Disclosure of Information on Lead Based Paint and Lead Based Paint Hazards Lead Warning Statement Every Buyer of any
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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
Obtain the lead based paint addendum form. This form can typically be found on the website of your local or state housing agency or obtained from a real estate attorney.
02
Read through the instructions provided with the form. It's important to understand the purpose and requirements of the addendum before filling it out.
03
Provide the necessary information. The addendum will typically ask for details such as the property address, the names of all parties involved in the transaction, and the date of the lease or sale agreement.
04
Disclose any known information about lead based paint. If you are aware of the presence of lead based paint in the property, you must indicate this on the addendum and provide a copy to all parties involved. If you are unsure, it's best to consult with a professional to conduct an inspection.
05
Sign and date the addendum. Each party involved in the transaction should review the completed addendum, sign it, and date it accordingly.
06
Keep a copy for your records. It's important to retain a copy of the completed addendum for future reference or in case it is requested during inspections or audits.

Who needs lead based paint addendum:

01
Rental Property Owners: Any individual or company that owns a rental property built before 1978, when lead-based paint was commonly used, may need to provide a lead based paint addendum to tenants.
02
Sellers of Residential Real Estate: If you are selling a residential property built before 1978, federal law requires that you provide a lead based paint addendum to potential buyers.
03
Real Estate Agents: Real estate agents representing rental property owners or sellers of residential real estate built before 1978 should be familiar with the lead based paint addendum requirements and assist their clients in completing the necessary forms.
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Lead based paint addendum is a document that discloses the presence of lead based paint in a rented or sold property.
Landlords and property sellers are required to file lead based paint addendum.
Fill out the lead based paint addendum by providing information about the presence of lead based paint in the property.
The purpose of lead based paint addendum is to inform tenants or buyers about the potential hazards of lead based paint.
Information about the presence of lead based paint, location of the paint, and any remediation measures taken must be reported on lead based paint addendum.
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