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LEAD BASED PAINT DISCLOSURE ADDENDUM Disclosure of Information on Leased Paint and/or Leased Paint Hazards 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 SELLER: 23. 24 25 26 27 28 29 30

How to fill out lead based paint addendum

How to fill out lead based paint addendum:

1. Start by obtaining a copy of the lead based paint addendum form. This form can usually be found online or obtained from your local housing authority.
2. Carefully read through the instructions and provisions outlined in the addendum. Familiarize yourself with the legal requirements and obligations associated with lead based paint disclosure.
3. Fill out the top section of the addendum, providing the necessary details such as the property address, the names of the parties involved (landlord and tenant), and the date of the lease agreement.
4. If you are the landlord, make sure to accurately disclose any known information regarding the presence of lead based paint in the rental property. This may include details on the location of the paint, any previous testing or inspections conducted, and any mitigation or abatement measures that have been taken.
5. If you are the tenant, carefully review the information provided by the landlord regarding lead based paint. Ensure that you fully understand the risks and potential health hazards associated with lead exposure, particularly if you have children or are pregnant.
6. Once all the necessary information has been filled out, both parties should carefully read through the addendum again to ensure accuracy and completeness.
7. Sign and date the addendum, indicating your agreement to the terms and provisions outlined within.

Who needs lead based paint addendum:

1. Landlords who own rental properties built before 1978 are generally required to provide a lead based paint addendum to their tenants.
2. Tenants who are considering renting a property built before 1978 may request a lead based paint addendum to be provided by the landlord for their own safety and peace of mind.
3. Real estate agents and property managers may also need to use lead based paint addendums in certain transactions where the presence of lead based paint is known or suspected.

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What is lead based paint addendum?

A lead based paint addendum is a legal document that informs potential buyers or renters about the presence of lead-based paint in a property built before 1978, as required by federal law.

Who is required to file lead based paint addendum?

Sellers and landlords of residential properties constructed before 1978 are required to provide a lead-based paint addendum to inform buyers or tenants of the potential risks associated with lead-based paint.

How to fill out lead based paint addendum?

To fill out a lead based paint addendum, the seller or landlord must disclose any knowledge of lead paint in the property, provide information on any lead-based paint inspections or risk assessments, and include a warning statement about the hazards of lead.

What is the purpose of lead based paint addendum?

The purpose of the lead based paint addendum is to protect public health by ensuring that buyers and renters are made aware of the potential risks associated with lead exposure from lead-based paint.

What information must be reported on lead based paint addendum?

The information that must be reported on a lead based paint addendum includes any known lead-based paint hazards, the existence of any lead-based paint inspection reports, and a disclosure statement regarding the potential presence of lead paint.