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This document serves as a compliance checklist for listing brokers to ensure that all requirements of the Lead-Based Paint Addendum are met. It details the necessary steps and confirmations needed to be included with the contract package in real estate transactions involving properties that may have lead-based paint hazards.
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How to fill out lead-based paint addendum compliance

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How to fill out lead-based paint addendum compliance

01
Obtain the lead-based paint addendum form from your local real estate authority or agency.
02
Review the property history for any lead-based paint disclosures or inspections.
03
Fill out the property address and details of the seller and buyer correctly on the addendum.
04
Indicate whether the property was built before 1978, as this is a critical factor for lead-based paint compliance.
05
Provide any known information about lead-based paint hazards in the property.
06
Ensure both buyer and seller sign and date the addendum to acknowledge receipt of information related to lead-based paint.
07
Keep a copy of the signed addendum for your records and provide copies to all parties involved.

Who needs lead-based paint addendum compliance?

01
Homeowners selling properties built before 1978.
02
Real estate agents facilitating the sale of older homes.
03
Landlords renting out residential properties built before 1978.
04
Buyers purchasing residential properties built before 1978 who must be informed of potential lead hazards.
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Lead-based paint addendum compliance refers to the requirements set forth by the federal government to inform potential buyers or tenants about the presence of lead-based paint in properties built before 1978. It involves disclosure of known hazards and the provision of related information.
Landlords, sellers, and real estate agents are required to file lead-based paint addendum compliance when dealing with residential properties built before 1978, as they must disclose any known lead-based paint hazards.
To fill out lead-based paint addendum compliance, the seller or landlord should provide a disclosure statement indicating whether lead-based paint is known to be present, share any related reports or assessments, and include a lead hazard information pamphlet to inform potential buyers or tenants.
The purpose of lead-based paint addendum compliance is to protect public health by ensuring that individuals are made aware of potential lead hazards in homes, allowing them to make informed decisions regarding their safety.
The information that must be reported includes the presence of lead-based paint or lead hazards, any reports or assessments conducted, acknowledgment of the disclosure by buyers or tenants, and the provision of education materials about lead poisoning.
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