Lead Based Paint Addendum Hawaii For Sale
Description
How to fill out Hawaii Lead Based Paint Disclosure For Sales Transaction?
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FAQ
This law is commonly known as Title X (Ten). Environmental Protection Agency (EPA) regulations implementing Title X apply to rental property built before 1978. Under Title X, before signing or renewing a lease or rental agreement, a landlord must disclose any known lead-based paint or hazards on the property.
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.
If your home has lead-based paint, take these steps to help keep your family safe. Check surfaces. Lead-based paint in good shape is not a threat. ... Keep it clean. ... Performing any work that could agitate the lead paint is not recommended for the average do it yourself remodeler. ... Hire a pro.
Lender requires as a condition to the making of the Mortgage Loan that Borrower develop, implement and carry out an operations and maintenance plan for the containment or removal of paint containing more than one-half percent (0.5%) lead by dry weight (?Lead-Based Paint?) on the Mortgaged Property (?O&M Plan?).
The condition of the paint could offer a clue whether it contains lead. One of the telltale signs of lead in paint is ?alligatoring,? which looks like reptilian scales when the layer starts to crack and wrinkle. If paint creates a chalky residue when it rubs off, it could also contain lead.