Get the free Lead-Based Paint Addendum - Knakmuhs Agency
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ADDENDUM TO PURCHASE AGREEMENT DISCLOSURE OF INFORMATION ON LEAD-BASED PAINT AND LEAD-BASED PAINT HAZARDS This form approved by the Minnesota Association of REALTORS, which disclaims any liability
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How to fill out lead-based paint addendum
How to fill out lead-based paint addendum:
01
Begin by obtaining a copy of the lead-based paint addendum form. This form is typically provided by the landlord, property manager, or real estate agent.
02
Carefully read through the addendum form to understand its purpose and the information required.
03
Fill out the addendum by providing accurate details about the property, such as its address and any specific areas where lead-based paint may be present.
04
If you are a tenant, review the disclosure information provided by the landlord or property manager regarding lead-based paint hazards. This information should be attached to the addendum form.
05
Sign and date the addendum form, indicating your acknowledgement and understanding of the potential risks associated with lead-based paint.
06
Return the completed addendum to the landlord or property manager before or at the time of signing the lease agreement.
Who needs lead-based paint addendum:
01
Landlords or property owners who own housing built before 1978 are required to provide the lead-based paint addendum to prospective tenants.
02
Any tenant or potential buyer of a property built before 1978 should request and receive the lead-based paint addendum to have a clear understanding of any potential risks associated with lead-based paint.
03
It is important for both landlords and tenants to have a lead-based paint addendum in place to ensure compliance with federal regulations and to protect all parties involved.
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What is lead-based paint addendum?
Lead-based paint addendum is a document that discloses the presence of lead-based paint in a property.
Who is required to file lead-based paint addendum?
Property sellers, landlords, and real estate agents are required to file lead-based paint addendum.
How to fill out lead-based paint addendum?
The lead-based paint addendum should be filled out by providing accurate information about the presence of lead-based paint in the property.
What is the purpose of lead-based paint addendum?
The purpose of lead-based paint addendum is to inform potential buyers or tenants about the presence of lead-based paint in the property.
What information must be reported on lead-based paint addendum?
The lead-based paint addendum must include details about the location of lead-based paint, any hazards it may pose, and any previous testing or abatement done.
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