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This document serves to inform buyers about potential lead-based paint hazards in residential properties built before 1978, ensuring that necessary disclosures are made regarding any known risks.
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How to fill out lead-based paint disclosure
How to fill out Lead-Based Paint Disclosure
01
Obtain the Lead-Based Paint Disclosure form from the appropriate authority or real estate document source.
02
Fill in the names of all parties involved in the transaction (seller and buyer).
03
Indicate the property address in the designated section.
04
Check the applicable boxes regarding the presence of lead-based paint in the property.
05
Provide any known information regarding lead-based paint hazards, including previous inspections or risk assessments.
06
Both the seller and buyer should sign and date the disclosure form to acknowledge receipt and understanding.
07
Provide a copy of the completed disclosure to all parties involved.
Who needs Lead-Based Paint Disclosure?
01
Anyone involved in the sale or lease of residential properties built before 1978.
02
Real estate agents and brokers representing sellers or landlords of such properties.
03
Investors and property managers dealing with properties at risk of containing lead-based paint.
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People Also Ask about
Is it safe to live in a house with lead-based paint?
If the paint is in good shape, the lead-based paint is usually not a problem. Deteriorating lead-based paint (peeling, chipping, chalking, ing, damaged, or damp) is a hazard and needs immediate attention.
Do you have to disclose information on lead-based paint and or lead-based paint hazards in Maryland?
The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller's possession and notify the buyer of any known lead-based paint hazards.
What is the lead paint addendum that must be presented?
Complete and sign the appropriate Lead-Based Paint Disclosure Addendum (Addendum) indicating that the seller does or does not have knowledge and/or reports and records related to lead-based paint or lead-based paint hazards in the subject property and post the signed Addendum on the property listing website at the
What is required for federal lead paint disclosure?
While landlords in California are not required to remove lead paint from rental properties, they are required to provide a lead paint disclosure to all potential tenants.
What is the lead-based paint disclosure must be given to?
EPA issued a rule under section 1018 of this law known as the Lead-Based Paint Disclosure Rule. It directs EPA and HUD to require the disclosure of known information on lead-based paint and lead-based paint hazards before the sale or lease of most housing built before 1978.
What is a lead paint 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.
When to use lead-based paint addendum?
There are some exceptions, but a good practice is to always get the Addendum completed and signed if the property was constructed before January 1, 1978. The Addendum is not required for: Homes built during or after 1978. Dwellings that don't have separate bedrooms (i.e., lofts and efficiency apartments)
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What is Lead-Based Paint Disclosure?
Lead-Based Paint Disclosure is a legal requirement for landlords and sellers of residential properties built before 1978 to inform potential buyers or tenants about the presence of lead-based paint and associated hazards.
Who is required to file Lead-Based Paint Disclosure?
Sellers and landlords of residential properties built before 1978 are required to file a Lead-Based Paint Disclosure to inform prospective buyers or tenants about any known lead-based paint and lead hazards.
How to fill out Lead-Based Paint Disclosure?
To fill out the Lead-Based Paint Disclosure, the owner or agent must provide details about the property, including any known lead-based paint or lead hazards, and sign the document. The buyer or tenant must also sign to acknowledge receipt of the disclosure.
What is the purpose of Lead-Based Paint Disclosure?
The purpose of Lead-Based Paint Disclosure is to protect public health by ensuring that potential buyers or tenants are aware of any lead-based paint in a property, allowing them to make informed decisions regarding their health and safety.
What information must be reported on Lead-Based Paint Disclosure?
The information that must be reported includes the presence of lead-based paint, any known lead hazards, a summary of any records or reports available related to lead, and the contact information of the seller or landlord.
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