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Leased Paint Disclosure Addendum Property #: Property Address: Lead Warning Statement Every buyer of any interest in residential real property on which a residential dwelling was built prior to 1978

How to fill out lead-based paint disclosure addendum

How to fill out lead-based paint disclosure addendum:

1. Obtain the lead-based paint disclosure addendum form. This form can typically be obtained from your local real estate association or downloaded from the Environmental Protection Agency (EPA) website.
2. Carefully read through the instructions provided on the form. It is important to understand the purpose and significance of the lead-based paint disclosure addendum to ensure accurate completion.
3. Begin by filling out the property information section. This includes the address of the property, as well as any other relevant details such as unit numbers or apartment complexes.
4. Indicate the parties involved. Identify the seller (property owner) and the buyer (prospective buyer) by providing their full legal names and contact information. If there are multiple sellers or buyers, make sure to include all their details.
5. Determine the existence of lead-based paint or lead-based paint hazards. Answer the questions on the form regarding the presence of lead-based paint or hazards truthfully. If you are unaware of any such information, state that in the appropriate section of the form.
6. Attach any available lead-based paint reports or records. If there are any records or reports documenting the presence of lead-based paint or hazards on the property, make sure to attach them to the disclosure addendum. This helps provide a comprehensive understanding to the prospective buyer.
7. Sign and date the form. Both the seller and the buyer should sign and date the completed lead-based paint disclosure addendum. This indicates their acknowledgment and understanding of the information provided.

Who needs the lead-based paint disclosure addendum:

1. Home sellers: If you are selling a property built before 1978, it is essential to provide a lead-based paint disclosure addendum to potential buyers. This is required by federal law to ensure buyers are aware of any potential lead-based paint hazards before purchasing the property.
2. Real estate agents: Agents involved in the sale of properties built before 1978 should be familiar with the lead-based paint disclosure addendum process. They can help ensure that the necessary form is completed accurately and provided to all relevant parties involved in the transaction.
3. Prospective buyers: Buyers looking to purchase properties built before 1978 should receive the lead-based paint disclosure addendum. This information allows them to make informed decisions about the potential risks associated with lead-based paint and hazards, especially for households with young children.

It is important to note that the requirements and regulations regarding lead-based paint disclosure addendums may vary by country and region. Therefore, it is crucial to consult with local authorities or legal professionals to ensure compliance with specific rules and regulations in your area.

For pdfFiller’s FAQs

What is lead-based paint disclosure addendum?

Lead-based paint disclosure addendum is a form that is required to be completed and signed by the seller of a property built before 1978, disclosing any known information about the presence of lead-based paint.

Who is required to file lead-based paint disclosure addendum?

Sellers of properties built before 1978 are required to file lead-based paint disclosure addendum.

How to fill out lead-based paint disclosure addendum?

Lead-based paint disclosure addendum is typically filled out by providing information about any known lead-based paint or lead-based paint hazards in the property.

What is the purpose of lead-based paint disclosure addendum?

The purpose of lead-based paint disclosure addendum is to inform buyers about the potential risks associated with lead-based paint in older properties.

What information must be reported on lead-based paint disclosure addendum?

Information such as the presence of lead-based paint, any recent inspections or assessments, and any known hazards or risks must be reported on lead-based paint disclosure addendum.

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