Lead Based Paint Disclosure For Purchase

State:
Georgia
Control #:
GA-LEAD1
Format:
Word; 
Rich Text
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Description

The Lead Based Paint Disclosure for Purchase is a crucial legal document that informs buyers about potential lead-based paint hazards in residential properties built before 1978. This form serves as a warning of the risks associated with lead poisoning, particularly for young children and pregnant women. It requires sellers to disclose any knowledge of lead hazards and to provide all relevant records or reports. Buyers must acknowledge receipt of this information and have the option to conduct inspections for lead-based paint. The form is designed to ensure compliance with federal regulations, emphasizing the seller's duty to inform potential buyers. For attorneys, partners, and legal professionals, understanding this document is essential to guide clients in real estate transactions and protect their interests. Paralegals and legal assistants can utilize this form to facilitate document preparation and ensure all disclosures are properly made, while owners and associates are reminded of the importance of transparency in property sales. The form also includes instructions on obtaining a free EPA pamphlet, equipping users with additional resources. Overall, this disclosure is vital in preventing lead poisoning and promoting safe living environments.
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FAQ

This requires that potential buyers and renters of housing built prior to 1978 receive certain information about lead and lead hazards in the residence prior to becoming obligated to buy or rent, and provides the opportunity for an independent lead inspection for buyers.

Yes, there are a few exceptions to the lead paint disclosure requirement for landlords. Most private and public housing is covered by this requirement, but exemptions generally include: Housing built during or after 1978. Dormitories, lofts, and efficiencies that don't have separate bedrooms.

Property Managers and Landlords 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).

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.

Hear this out loud PauseLEAD WARNING STATEMENT The seller/landlord of any interest in residential real property is required to provide the buyer/tenant with any information on lead-based paint hazards from risk assessments or inspections in the seller's/landlord's possession and notify the buyer/tenant of any known lead-based paint hazards.

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Lead Based Paint Disclosure For Purchase