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Dot loop signature verification: dtlp.us/faAeUDkRgyhESale Agreement #.LEASED PAINT DISCLOSURE ADDENDUM 1 2 3Northeast Columbia Boulevard, Portland, OR 97211 PROPERTY ADDRESS 3635 This Addendum must

How to fill out lead-based paint disclosure addendum

How to fill out lead-based paint disclosure addendum

1. Begin by obtaining a copy of the lead-based paint disclosure addendum form. This form can usually be found on the website of your local real estate association or obtained from a real estate lawyer.
2. Familiarize yourself with the addendum form and its requirements. The form will generally ask for information regarding the presence of lead-based paint in the property, any known hazards, and any previous testing or remediation that has been done.
3. Complete the addendum form accurately and honestly. Provide all requested information to the best of your knowledge and include any relevant supporting documentation, such as inspection reports or remediation certificates.
4. If there is no lead-based paint in the property, you can simply indicate that on the form. If there is lead-based paint present, you may need to provide additional details about its location, condition, and any necessary precautions that need to be taken.
5. Review the completed addendum form for any errors or omissions. Ensure that all information provided is accurate and complete.
6. Sign and date the addendum form, and make copies for all parties involved in the transaction. Keep a copy for your own records as well.
7. Submit the addendum form as required by your local real estate regulations. This may involve providing a copy to the buyer, the buyer's agent, and/or filing it with the appropriate local agency.
8. Keep a record of the completed addendum form and any accompanying documentation for future reference or potential legal requirements.
9. Note: The above points are general guidelines and may vary depending on your jurisdiction. It is always recommended to consult with a real estate professional or lawyer for specific advice.

Who needs lead-based paint disclosure addendum?

1. Anyone involved in a real estate transaction where the property was built before 1978 needs a lead-based paint disclosure addendum. This includes sellers, landlords, and property managers.
2. Buyers or tenants also have the right to request a lead-based paint disclosure addendum from the sellers or landlords, so they can make an informed decision about the potential risks associated with lead-based paint exposure.

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What is lead-based paint disclosure addendum?

The lead-based paint disclosure addendum is a document that informs potential buyers or renters about the presence of lead-based paint in a property, especially when the property was built before 1978.

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

Sellers of homes built before 1978 and landlords of residential properties are required to file the lead-based paint disclosure addendum.

How to fill out lead-based paint disclosure addendum?

To fill out the lead-based paint disclosure addendum, the property owner must complete the form by disclosing any known lead-based paint hazards, providing any relevant records or reports, and ensuring that the buyer or renter acknowledges receipt of the information.

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

The purpose of the lead-based paint disclosure addendum is to protect public health by ensuring that buyers and renters are informed about the potential risks of lead exposure associated with lead-based paint in older homes.

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

The addendum must report any known information about lead-based paint or lead-based paint hazards in the property, including whether the owner has knowledge of lead paint or if there have been any lead inspections or risk assessments.