Lead-based Paint Disclosure For Tenants

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

The Lead-Based Paint Disclosure for Tenants is an essential form for residential property transactions, particularly for properties built before 1978, where lead-based paint hazards may exist. This form serves to inform tenants of the potential risks associated with lead exposure, which can cause severe health issues, especially in children and pregnant women. Key features of the form include a lead warning statement, sections for sellers to disclose the presence of lead-based paint, and acknowledgment from the purchaser that they have received necessary information and pamphlets on lead safety. The document also outlines the seller's obligations under federal law to provide any relevant records and allows for a set period during which the tenant can conduct inspections for lead hazards. This form is critical for attorneys, property owners, paralegals, and legal assistants as it mitigates legal risks by ensuring compliance with federal disclosure requirements, aids in protecting the health of tenants, and reinforces the importance of informed decision-making in real estate transactions.
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  • Preview Lead Based Paint Disclosure for Sales Transaction
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FAQ

For which of following rental units is it necessary to provide a lead-based paint disclosure to tenants in properties built before 1978? The answer is a one-bedroom unit. A lead-based paint disclosure must be given to tenants in properties built before 1978.

Sellers and lessors must provide purchasers and lessees with the Protect Your Family From Lead pamphlet. Sellers and lessors must disclose the presence of any known lead-based paint and/or lead-based paint hazards to the purchasers and lessees and to any agent.

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.

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.

Housing built after 1977: The federal lead-based paint disclosure requirements generally apply to housing built before 1978. Therefore, housing constructed after 1977 is typically exempt from these disclosure requirements.

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Lead-based Paint Disclosure For Tenants