This Lead-Based Paint Disclosure statement is required by Federal Law when selling residential housing built prior to 1978. If the home was constructed PRIOR TO 1978, this form is REQUIRED to be completed and signed by the seller and buyer. If the dwelling was constructed in 1978 or later, this form is not required. If in doubt about the timing of construction, use the disclosure form. Whenever the form is used, the seller must also give the buyer the EPA pamphlet discussed below.
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Lead-Based Paint Disclosure (Sales) Alabama Street Address City State Zip WARNING! LEAD FROM PAINT, DUST, AND SOIL CAN BE DANGEROUS IF NOT MANAGED PROPERLY Disclosure of Information on Lead-Based
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How to fill out lead based paint disclosure
How to fill out lead based paint disclosure:
01
Obtain a lead-based paint disclosure form from the appropriate governmental agency or a reputable legal source.
02
Gather all necessary information about the property, such as the address, date of construction, and any known or suspected presence of lead-based paint.
03
Provide accurate and complete information about the existence of lead-based paint or lead-based paint hazards on the property.
04
Clearly state any available records or reports regarding lead-based paint or hazards, including any remediation or abatement measures that have been taken.
05
Sign and date the disclosure form, ensuring that all required parties, such as owners, real estate agents, and tenants, also sign and date the document.
06
Retain a copy of the completed disclosure form for your records.
Who needs lead based paint disclosure:
01
Individuals or entities selling or leasing residential properties built before 1978 are generally required to provide a lead-based paint disclosure.
02
This requirement applies to both landlords and sellers of residential properties, including single-family homes, apartments, and condominiums.
03
The disclosure is necessary to inform potential buyers or tenants about the potential hazards associated with lead-based paint, as well as any known lead hazards on the property.
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People Also Ask about
What does 42 USC 4852d mean?
The Act means the Residential Lead-Based Paint Hazard Reduction Act of 1992, 42 U.S.C. 4852d. Agent means any party who enters into a contract with a seller or lessor, including any party who enters into a contract with a representative of the seller or lessor, for the purpose of selling or leasing target housing.
Which of these is required in a lead-based paint disclosure?
Disclose any known information concerning lead-based paint or lead-based paint hazards. The seller or landlord must also disclose information such as the location of the lead-based paint and/or lead-based paint hazards, and the condition of the painted surfaces.
Is lead-based paint disclosure required in Alabama?
Before renting or buying a pre-1978 home or apartment, federal and Alabama law requires: Sellers must disclose known information on lead-based paint or lead-based paint hazards before selling a house. Real estate sales contracts must include a specific warning statement about lead-based paint.
Which form is required specifically for a property built before 1978?
A lead-based paint disclosure form is a form issued to all tenants and potential buyers for residential properties built before 1978 to outline the property's history of exposure to lead-based paint.
Should I be worried about lead paint disclosure?
A failure to disclose the presence of lead paint opens the seller to liability. You could be sued for legal damages if a child gets sick from lead poisoning, or you may have to pay federal penalty fees of over $10,000, ing to NOLA. Older homes may have lead paint.
What is 42 usc 4852d?
42 U.S. Code § 4852d - Disclosure of information concerning lead upon transfer of residential property. permit the purchaser a 10-day period (unless the parties mutually agree upon a different period of time) to conduct a risk assessment or inspection for the presence of lead-based paint hazards.
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What is lead based paint disclosure?
Lead based paint disclosure refers to the requirement for sellers and landlords of properties built before 1978 to inform potential buyers and renters about the presence of lead-based paint and lead-based paint hazards.
Who is required to file lead based paint disclosure?
Sellers and landlords of residential properties built before 1978 are required to file lead based paint disclosures.
How to fill out lead based paint disclosure?
Lead based paint disclosure can be filled out by providing information about the property’s history regarding lead-based paint, any known lead hazards, and giving buyers or renters an EPA pamphlet on lead poisoning prevention.
What is the purpose of lead based paint disclosure?
The purpose of lead based paint disclosure is to protect the health of potential buyers and renters by ensuring they are aware of any lead-based paint hazards before moving into the property.
What information must be reported on lead based paint disclosure?
The information that must be reported includes the presence of lead-based paint, any known lead-based paint hazards, and the results of any lead testing, as well as a signed acknowledgment from the buyer or renter.
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