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Federal Law stipulates a purchaser's or lessee's right to be informed of the existence of leadbased paint prior to signing a contract or lease. LEAD-BASED PAINT DISCLOSURE.Federal law mandates that Sellers of housing constructed prior to 1978 must complete certain Lead-Based Paint. Are you a PROPERTY OWNER? You will need the following information to complete this form: ▫. Lead Warning Statement. Lead-Based Paint Disclosure (Sales). Attachment to Contract to Buy and Sell Real Estate for the Property known as : Street Address. Lead-Based Paint Contingency Purchase. If the property was built before 1978, the Addendum Regarding Lead-Based Paint (TAR 024H) will probably be attached to the lease.