Oregon Lead Based Paint Disclosure With Purchase

State:
Oregon
Control #:
OR-LEAD2
Format:
Word; 
Rich Text
Instant download

Description

This is a Lead-Based Paint Disclosure form required for the rental of residential dwellings. If the rental unit was constructed PRIOR TO 1978, this form is REQUIRED to be completed and signed by the lessor/landlord and lessee/tenant. If the rental dwelling was constructed in 1978 or later, this form is not required. If in doubt about the timing of construction, use the disclosure form. Whenever the form is used, the landlord must also give the tenant the EPA pamphlet discussed below.
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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.

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?).

Ing to the Federal law, the landlord is required to disclose to you any knowledge that he or she has of lead-based paint (LBP) in the house. If he/she has no knowledge of LBP, he/she is not required to conduct an inspection or determine if lead-based paint is present.

In addition, the agent is responsible, along with the seller or lessor, if the seller or lessor fails to comply; unless the failure involves specific lead-based paint or lead-based paint hazard information that the seller or lessor did not disclose to the agent. Read the regulations that includes these requiremenRts.

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.

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Oregon Lead Based Paint Disclosure With Purchase