Get the free Lead-Based Paint Disclosure (Sales) - Bradford Publishing

The printed portions of this form, except differentiated additions, have been approved by the Colorado Real Estate Commission. (LP45-9-12) THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES

How to fill out lead-based paint disclosure sales

How to fill out lead-based paint disclosure sales:

1. Begin by gathering all necessary information: You will need to collect details about the property being sold, including the address, buyer's information, and seller's information.
2. Review the lead-based paint disclosure form: Familiarize yourself with the form provided by the Environmental Protection Agency (EPA), which is required for homes built before 1978. Ensure you have the most up-to-date version of the form.
3. Provide accurate information: Fill in all the necessary information on the form, such as the date of disclosure, the name of the seller, and the buyer's name. Be precise and ensure accuracy.
4. Identify the presence of lead-based paint: Determine if the property contains any lead-based paint or if you have any knowledge of its presence. If you are uncertain, conduct a lead-based paint inspection or risk assessment.
5. Inform the buyer: Explain the potential hazards of lead-based paint to the buyer using the EPA-approved pamphlet, "Protect Your Family from Lead in Your Home."
6. Obtain signatures: Both the seller and the buyer must sign and date the disclosure form to acknowledge that they have received the necessary information about lead-based paint in the property.
7. Retain a copy: Keep a copy of the completed disclosure form for your records. It is important to maintain documentation of compliance with lead-based paint disclosure regulations.

Who needs lead-based paint disclosure sales?

1. Sellers: Any individual or entity selling a property built before 1978 is required by law to provide a lead-based paint disclosure sales form to potential buyers.
2. Landlords: In situations where the property is being leased, landlords must also provide the lead-based paint disclosure form to tenants before the lease is signed, as per federal regulations.
3. Buyers and tenants: It is essential for buyers and tenants to receive the lead-based paint disclosure form, as it contains important information regarding potential lead hazards in the property they are considering purchasing or leasing. This allows them to make informed decisions to protect themselves and their families from potential lead exposure.

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What is lead-based paint disclosure sales?

Lead-based paint disclosure sales is a report that informs potential buyers about the presence of lead-based paint in a property.

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

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

How to fill out lead-based paint disclosure sales?

Lead-based paint disclosure sales can be filled out by providing information about the presence of lead-based paint and any remediation measures taken.

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

The purpose of lead-based paint disclosure sales is to protect buyers from potential health hazards associated with lead-based paint.

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

Information such as the presence of lead-based paint, any testing or remediation done, and any potential risks must be reported on lead-based paint disclosure sales.