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This document is a Seller’s Lead Disclosure form required by Federal and Rhode Island law, informing potential buyers about the risks associated with lead-based paint in residential properties built before 1978. It outlines the responsibilities of the seller in disclosing lead hazards, providing relevant reports, and ensuring buyer acknowledgment of lead safety information.
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What is sellers lead disclosure?
Sellers lead disclosure is a legally required document that sellers of residential properties must provide to buyers, informing them of the potential presence of lead-based paint and lead hazards in the property.
Who is required to file sellers lead disclosure?
Sellers of residential properties built before 1978 are required to file sellers lead disclosure.
How to fill out sellers lead disclosure?
To fill out the sellers lead disclosure, the seller must complete a form that provides details about any known lead-based paint hazards and the history of lead exposure in the property, and ensure it's signed by both the seller and the buyer.
What is the purpose of sellers lead disclosure?
The purpose of sellers lead disclosure is to ensure that potential buyers are informed about lead hazards, enabling them to make informed decisions regarding their health and safety.
What information must be reported on sellers lead disclosure?
The information that must be reported includes any known lead-based paint hazards, the presence of lead in drinking water, and any reports or studies related to lead exposure in the property.
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