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U.S. CODE, TITLE 42, CHAPTER 63A, SECTION 4852d (DISCLOSURE OF INFORMATION CONCERNING LEAD UPON TRANSFER OF RESIDENTIAL PROPERTY) Georgia REALTORS 2014 Printing Sec. 4852d. Disclosure of information
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How to fill out lead-based paint bdisclosureb
How to fill out lead-based paint disclosure:
01
Start by obtaining the lead-based paint disclosure form. This form can typically be obtained from your local housing authority or downloaded online.
02
The first section of the form will ask for basic information such as the property address, the name and contact information of the seller or landlord, and the name of the prospective buyer or tenant.
03
The next section will require you to disclose any knowledge or information about the presence of lead-based paint and lead-based paint hazards in the property. If you are unsure whether lead-based paint exists in the property, it is advised to check with a professional inspector or conduct a lead-based paint test.
04
If there is lead-based paint or lead-based paint hazards in the property, you will need to provide additional information about the location of the lead-based paint and any known risks or hazards associated with it.
05
Make sure to provide any available records or reports regarding lead-based paint or lead-based paint hazards to the buyer or tenant. This may include results from previous lead-based paint inspections or abatement efforts.
06
Both the seller or landlord and the buyer or tenant will need to sign and date the lead-based paint disclosure form to acknowledge that they have read and understood the information provided.
Who needs lead-based paint disclosure:
01
Landlords: Under federal law, landlords are required to provide lead-based paint disclosure information to prospective tenants or buyers of residential properties built before 1978. This law applies to both rental properties and properties for sale.
02
Sellers: If you are selling a residential property built before 1978, you are responsible for providing lead-based paint disclosure information to potential buyers.
03
Buyers and tenants: It is important for potential buyers or tenants to receive lead-based paint disclosure information so that they can make an informed decision about renting or purchasing a property. This information allows them to be aware of any potential health risks associated with lead-based paint.
It is crucial to comply with lead-based paint disclosure requirements to ensure the safety and well-being of all occupants of older properties.
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What is lead-based paint disclosure?
Lead-based paint disclosure is a requirement for sellers or lessors of residential property built before 1978 to inform potential buyers or tenants about the presence of lead-based paint hazards.
Who is required to file lead-based paint disclosure?
Sellers or lessors of residential property built before 1978 are required to file lead-based paint disclosure.
How to fill out lead-based paint disclosure?
Lead-based paint disclosure can be filled out by providing accurate information about the presence of lead-based paint hazards in the residential property.
What is the purpose of lead-based paint disclosure?
The purpose of lead-based paint disclosure is to protect buyers or tenants from the hazards of lead-based paint exposure.
What information must be reported on lead-based paint disclosure?
The disclosure must include information about the presence of lead-based paint hazards, any testing or evaluations conducted, and any known lead-based paint hazards.
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