Lead Based Paint Addendum Hawaii Withholding

State:
Hawaii
Control #:
HI-LEAD1
Format:
Word; 
Rich Text
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Description

The Lead Based Paint Addendum Hawaii Withholding is a crucial document designed to inform potential buyers about the risks associated with lead-based paint in homes built before 1978. It serves to ensure compliance with federal laws requiring sellers to disclose any known hazards and provide comprehensive information regarding lead risks, promoting informed decision-making for prospective buyers. Key features include sections for the seller's disclosure, purchaser's acknowledgment, and the agent’s acknowledgment, each highlighting responsibilities and the presence of lead-based paint hazards. Users must complete specific checkboxes and provide accurate information to affirm their understanding of the risks involved. This form is particularly useful for attorneys and legal professionals in real estate, as it facilitates compliance with legal obligations and protects against liability. It also benefits real estate agents by clarifying seller obligations and helping ensure all disclosures are made, safeguarding the interests of both buyers and sellers. Legal assistants and paralegals play essential roles in the preparation and submission of this form, ensuring that it meets legal standards while assisting clients in understanding their rights concerning lead-based paint hazards.
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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

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).

To protect families from exposure to lead from paint, dust, and soil, Congress passed the Residential Lead- Based Paint Hazard Reduction Act of 1992, also known as Title X.

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.

Sellers, landlords, and agents are responsible for compliance.

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Lead Based Paint Addendum Hawaii Withholding