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LEAD PAINT DISCLOSURE/ADDENDUM Cathleen S. Clark, Vincent J. Clark III AGREEMENT BETWEEN AND FOR PROPERTY LOCATED AT 35 Won squeak Lane, Birch Harbor, ME 04613(hereinafter Seller “) (hereinafter

How to fill out lead paint disclosureaddendum

How to fill out lead paint disclosureaddendum

1. Begin by obtaining a lead paint disclosure addendum form from the appropriate source such as a real estate agent, attorney, or online resource.
2. Review the form thoroughly to understand the information required and the format in which it needs to be filled out.
3. Gather all the necessary details related to the lead paint information of the property, including any known lead-based paint or hazards, any available records or reports, and the date of construction.
4. Start filling out the form by entering the property's address and other basic identification details as requested.
5. Provide all the relevant information regarding the presence of lead-based paint or hazards in the property. This may include disclosing any knowledge or reports of lead-based paint, any evaluations or removal actions taken, and any notifications provided to tenants or buyers.
6. If there are no records or reports available regarding lead-based paint, make sure to indicate that to the best of your knowledge, no lead-based paint or hazards exist.
7. Carefully read through the addendum once completed to ensure accuracy and completeness. Make any necessary corrections or additions.
8. Date and sign the addendum, indicating your agreement to the disclosures made.
9. Provide a copy of the filled-out lead paint disclosure addendum to all relevant parties, such as potential buyers or tenants, as required by law.
10. Retain a copy of the completed addendum for your records.

Who needs lead paint disclosureaddendum?

1. Lead paint disclosure addendum is typically required in real estate transactions involving properties built before 1978. This includes residential properties being sold, leased, or rented.
2. Landlords, property owners, real estate agents, property managers, and tenants are some of the key individuals who may need to use a lead paint disclosure addendum.

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What is lead paint disclosure addendum?

Lead paint disclosure addendum is a legal document that discloses the presence of lead-based paint in a property.

Who is required to file lead paint disclosure addendum?

Landlords, property owners, or sellers are required to file lead paint disclosure addendum.

How to fill out lead paint disclosure addendum?

Lead paint disclosure addendum must be filled out by providing accurate information about the presence of lead-based paint in the property.

What is the purpose of lead paint disclosure addendum?

The purpose of lead paint disclosure addendum is to inform tenants or buyers about the potential health risks associated with lead-based paint.

What information must be reported on lead paint disclosure addendum?

Information such as the location of the property, the results of any lead paint tests, and any known hazards related to lead paint must be reported on lead paint disclosure addendum.