Delaware Lead Disclosure With Lease

State:
Delaware
Control #:
DE-LEAD1
Format:
Word; 
Rich Text
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Description

The Delaware lead disclosure with lease document is essential for residential real estate transactions involving properties built before 1978. It informs prospective buyers about potential lead-based paint hazards, which pose serious health risks, especially to young children and pregnant women. Key features of the form include a lead warning statement, seller's disclosure of known hazards, and the buyer's acknowledgment of receiving necessary information, including an EPA-approved pamphlet on lead-based paint. Users are guided through selecting options regarding the presence of lead hazards, records available, and their right to a risk assessment. The form is designed to ensure compliance with federal laws regarding lead exposure. It is crucial for attorneys, partners, owners, associates, paralegals, and legal assistants to utilize this form in their transactions to protect health interests while fulfilling disclosure obligations. The form requires accurate completion to avoid legal penalties, making it vital for ensuring informed decisions in real estate leasing.
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  • Preview Lead Based Paint Disclosure for Sales Transaction
  • Preview Lead Based Paint Disclosure for Sales Transaction
  • Preview Lead Based Paint Disclosure for Sales Transaction

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FAQ

Section 1018 of this law directed HUD and EPA to require the disclosure of known information on lead-based paint and lead-based paint hazards before the sale or lease of most housing built before 1978.

Lead exposure is especially harmful to young children and pregnant women. Before renting pre-1978 housing, lessors must disclose the presence of known lead-based paint and/or lead-based paint hazards in the dwelling. Lessees must also receive a federally approved pamphlet on lead poisoning prevention.

Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning.

Landlords must give prospective tenants of target housing, including most buildings built before 1978: An EPA-approved information pamphlet on identifying and controlling lead-based paint hazards, Protect Your Family From Lead In Your Home (PDF).

RENOVATORS have to give you this pamphlet before starting work. IF YOU WANT MORE INFORMATION on these requirements, call the National Lead Information Center at 1-800-424-LEAD (424-5323). Are You Planning To Buy, Rent, or Renovate a Home Built Before 1978? This document is in the public domain.

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Delaware Lead Disclosure With Lease