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LEAD-BASED PAINT DISCLOSURE ANN ARBOR AREA BOARD OF REALTORS Page 1 of 2 PURPOSE OF THIS STATEMENT: The information provided in this statement is required to be provided by all sellers of residential
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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 your local housing authority or real estate agency. This form is typically required for residential properties built before 1978, as lead-based paint was commonly used in homes prior to that year.
02
Carefully read through the disclosure form and familiarize yourself with its contents. It will provide information about the potential presence of lead-based paint in the property and any known hazards associated with it.
03
Fill in your personal details as the seller or landlord, including your name, contact information, and the address of the property being sold or rented.
04
Make sure to accurately indicate whether you have any knowledge of the presence of lead-based paint in the property. If you do not know or have no information about it, mark the appropriate box.
05
If you are aware of the existence of lead-based paint, disclose any available records or reports regarding its presence, such as inspection reports or documents from lead-safe certification.
06
Specify if any testing or inspections have been conducted for lead-based paint hazards and provide details about the results, if applicable.
07
Sign and date the form, ensuring that all required signatures are obtained. In some cases, you may need to have the buyer or tenant acknowledge receipt of the disclosure.
08
Keep a copy of the completed lead-based paint disclosure for your records, as it may be needed for future reference or legal purposes.
Who needs lead-based paint disclosure:
01
Home sellers: If you are selling a residential property built before 1978, you are generally required by federal law to provide the lead-based paint disclosure to potential buyers. This is to inform them about the potential risks associated with lead-based paint and ensure that they have the necessary information to make an informed decision.
02
Landlords: If you own rental properties that were constructed prior to 1978, you are also required to provide the lead-based paint disclosure to prospective tenants. This is to protect the occupants and give them the opportunity to take precautions, especially if there are children under the age of 6 residing in the property.
03
Real estate agents: If you are a real estate agent representing sellers or landlords of properties built before 1978, it is your responsibility to ensure that the lead-based paint disclosure is properly completed and provided to potential buyers or tenants. This helps to fulfill legal obligations and facilitate transparent transactions.
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What is lead-based paint disclosure?
Lead-based paint disclosure is a requirement for sellers and lessors of residential properties built before 1978 to inform potential buyers or tenants about the presence of lead-based paint in the property.
Who is required to file lead-based paint disclosure?
The sellers and lessors of residential properties 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 information about the presence of lead-based paint, any previous testing or reports, and signatures of both the seller/lessor and the buyer/tenant.
What is the purpose of lead-based paint disclosure?
The purpose of lead-based paint disclosure is to protect buyers and tenants from the potential health hazards associated with lead-based paint exposure.
What information must be reported on lead-based paint disclosure?
The lead-based paint disclosure must include information about the presence of lead-based paint, any testing or reports available, and any known hazards or risks.
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