Get the free Lead Paint Disclosure - Horizon Property Management

REALTOR Association of NorthWest Chicago land DISCLOSURE OF INFORMATION ON LEAD-BASED PAINT AND LEAD-BASED PAINT HAZARDS PROPERTY ADDRESS: (Initial) WAS SELLER ACKNOWLEDGES THAT THIS STRUCTURE (CIRCLE

How to fill out lead paint disclosure

How to fill out lead paint disclosure:

1. Obtain the lead paint disclosure form from your local government or real estate agency. It is important to use the correct form to ensure compliance with regulations.
2. Read the instructions provided with the form carefully. These instructions will guide you through the process of filling out the disclosure accurately.
3. Start by providing the property information, including the address, legal description, and any other relevant details required.
4. Indicate the year the property was built, as lead paint disclosures are typically required for properties built before a certain year (usually before 1978).
5. If you have knowledge or records of lead-based paint or lead-based paint hazards on the property, mark the appropriate checkboxes or provide further details as instructed on the form.
6. If you have conducted a lead-based paint inspection or risk assessment, include the information regarding the inspection company or professional, their contact details, and any relevant findings or reports.
7. If you have provided the buyer or tenant with any lead-based paint information or reports, indicate what documents or records were given and provide copies if required.
8. Sign and date the lead paint disclosure form to certify the accuracy of the provided information.
9. Keep a copy of the completed lead paint disclosure for your records and provide a copy to the buyer or tenant as required by regulations.

Who needs lead paint disclosure:

1. Property owners or lessors who are selling or leasing a property that was built before 1978 are usually required to provide a lead paint disclosure.
2. Real estate agents and brokers involved in the sale or rental of older properties should also ensure that the lead paint disclosure is completed and provided to buyers or tenants.
3. Buyers or tenants of properties built before 1978 have the right to receive a lead paint disclosure before they enter into a purchase or rental agreement. This allows them to make informed decisions regarding their potential exposure to lead-based paint hazards.

It is important to note that lead paint disclosure requirements may vary by jurisdiction, so it is essential to familiarize yourself with the specific regulations applicable in your area. Consulting with a legal professional or real estate expert can also provide further guidance on fulfilling your obligations.

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What is lead paint disclosure?

Lead paint disclosure is a requirement for sellers or lessors of residential properties built before 1978 to inform potential buyers or renters about the presence of lead-based paint in the property.

Who is required to file lead paint disclosure?

Sellers or lessors of residential properties built before 1978 are required to file lead paint disclosure.

How to fill out lead paint disclosure?

Lead paint disclosure can be filled out by providing information about the presence of lead-based paint in the property, signing the disclosure form, and providing it to potential buyers or renters.

What is the purpose of lead paint disclosure?

The purpose of lead paint disclosure is to protect potential buyers or renters from the health hazards associated with lead-based paint in older properties.

What information must be reported on lead paint disclosure?

The lead paint disclosure must include information about the presence of lead-based paint in the property, any recent testing or inspections for lead-based paint, and any known lead hazards.