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Get the free Listing Broker Lead-based Paint Addendum Compliance Checklist

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Ensure compliance with the Lead-Based Paint Addendum by following this comprehensive checklist. Complete all steps to avoid closing delays.
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How to fill out listing broker lead-based paint

01
Obtain the lead-based paint disclosure form from the relevant authorities or real estate association.
02
Fill out the form completely, providing accurate information about the presence of lead-based paint in the property.
03
Ensure that all parties involved in the transaction, including the seller and the buyer, sign the form to acknowledge receipt and understanding of the information.
04
Keep a copy of the completed form for your records and provide copies to all relevant parties.

Who needs listing broker lead-based paint?

01
Listing brokers who are representing the seller of a property built before 1978 need to fill out the listing broker lead-based paint disclosure form. This is to comply with federal regulations that require the disclosure of potential lead-based paint hazards to buyers before they purchase the property.
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Listing broker lead-based paint refers to a requirement for listing brokers to disclose information about the presence of lead-based paint in properties, especially if they were built before 1978 when lead-based paint was banned in housing.
Real estate brokers and agents involved in the sale or lease of properties built before 1978 are required to file listing broker lead-based paint disclosures.
To fill out the listing broker lead-based paint disclosure, the broker must complete a form detailing known lead-based paint hazards, provide information about any previous risk assessments, and obtain signatures from both the seller and buyer.
The purpose of listing broker lead-based paint is to protect potential buyers or tenants from exposure to lead-based paint hazards by ensuring they are informed about any risks associated with the property.
The information that must be reported includes the presence of lead-based paint, any known lead hazards, results from lead inspections or risk assessments, and a disclosure statement signed by the relevant parties.
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Relevant keywords

Lead-Based Paint Addendum Compliance Checklist Real Estate Transaction Risk Assessment Property Disclosure Inspection Contingency Lead Paint Hazards Seller's Disclosure Purchaser's Acknowledgement Broker Acknowledgement

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