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

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This document serves as a checklist that must be completed and attached with each Lead-Based Paint Addendum. It ensures all requirements of the addendum are fulfilled before being submitted to the closing agent. The checklist verifies important details regarding the Lead-Based Paint Addendum, including any alterations, legibility, necessary disclosures, and acknowledgments by the purchaser. It is essential for compliance with lead-based paint regulations in real estate transactions.
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How to fill out listing broker lead-based paint

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How to fill out listing broker lead-based paint

01
Obtain a lead-based paint disclosure form from your state regulations or real estate agency.
02
Review the property history to check if it was built before 1978, as this is when lead-based paint was commonly used.
03
Fill out the property address, including any relevant details regarding the condition of the paint.
04
Provide information about any known lead-based paint hazards in the property.
05
Obtain signatures from both the seller and buyer to acknowledge the understanding of lead-based paint regulations.
06
Give a copy of the completed disclosure form to all parties involved in the transaction.

Who needs listing broker lead-based paint?

01
Real estate agents and brokers handling properties built prior to 1978.
02
Sellers of homes who are required to disclose information about potential lead-based paint hazards.
03
Buyers who are purchasing older properties and need to be informed about lead-based paint risks.
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Listing broker lead-based paint refers to the requirement for real estate professionals to disclose the presence of lead-based paint in properties built before 1978. This is part of federal law intended to protect buyers and tenants from the hazards of lead exposure.
Listing brokers and sellers of properties built before 1978 are required to file the lead-based paint disclosure form to inform potential buyers about any known lead hazards.
To fill out the listing broker lead-based paint disclosure, the broker must complete the form by providing the property's details, any known lead-based paint or hazards, and signatures from the seller and buyer acknowledging the disclosure.
The purpose of listing broker lead-based paint is to ensure that buyers and tenants are informed about the potential presence of lead-based paint in older properties, thereby promoting safety and health by enabling informed decision-making.
The information that must be reported includes the presence of lead-based paint or related hazards, any known risks, the age of the property, and a statement confirming that the buyer has received the disclosures.
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