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LEAD 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.
Lead compounds commonly used as paint pigments include: lead chromates, lead oxides, lead molybdates, lead sulfates and others. Lead-based pigments are sometimes used alone and sometimes used in combination with other pigments.
Hear this out loud PauseOne 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. It can be tough to spot chalkiness if the original paint has new layers on top of it.
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?).
Colour-change test kits are a simple way to identify if lead paint is present in your home. They are available from most hardware, paint or safety equipment supply stores. These kits are relatively cheap and quick to use but are limited in their accuracy.