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Vermont Lead Law Real Estate Transaction Disclosures Real estate transactions involving residential properties built prior to 1978 are subject to certain requirements of the Vermont Lead Law, 18 V.S.A.

How to fill out vermont lead law disclosure

How to fill out vermont lead law disclosure

1. Begin by downloading the Vermont Lead Law Disclosure form from the official state website or obtain a copy from your local real estate office.
2. Fill in the property address where the lead disclosure is applicable.
3. Indicate whether the property was built before 1978, as this is significant for lead disclosure requirements.
4. Provide the names of all tenants or buyers involved in the transaction.
5. List any known lead-based paint hazards in the property, including areas where lead-based paint might be present.
6. Attach any lead inspection reports that have been conducted on the property.
7. Include a summary of the rights of the tenants or buyers regarding lead paint and the actions they can take.
8. Ensure that both the seller and the buyer or tenant sign the disclosure form to acknowledge that they have received this information.
9. Retain a copy of the signed form for your records.

Who needs vermont lead law disclosure?

1. Property owners selling or renting residential properties built before 1978 are required to provide the Vermont Lead Law Disclosure.
2. Landlords who are renting out properties that may contain lead-based hazards must also complete this disclosure.
3. Real estate agents must ensure that both sellers and buyers understand their obligations regarding the lead law.

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What is vermont lead law disclosure?

Vermont lead law disclosure is a requirement for property sellers and lessors to inform prospective buyers and tenants about the presence of lead-based paint and lead hazards in properties built before 1978.

Who is required to file vermont lead law disclosure?

Sellers and lessors of residential properties built before 1978 are required to file Vermont lead law disclosure.

How to fill out vermont lead law disclosure?

To fill out the Vermont lead law disclosure, the seller or lessor must complete the disclosure form by indicating whether the property has lead-based paint or lead hazards, providing information about any known lead hazards, and obtaining signatures from the buyer or tenant.

What is the purpose of vermont lead law disclosure?

The purpose of Vermont lead law disclosure is to protect public health by ensuring that potential buyers and tenants are aware of lead risks, allowing them to make informed decisions regarding the property.

What information must be reported on vermont lead law disclosure?

The disclosure must report information regarding the presence of lead-based paint, any known lead hazards, records of any lead inspections or risk assessments, and the actions taken to address lead hazards.