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Lead-Based Paint Disclosure (Sales). Attachment to Contract to Buy and Sell Real Estate for the Property known as : Street Address.A risk assessment or inspection for possible lead-based paint hazards is recommended before purchase. Seller Acknowledgement and Contingency Period. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase. Property Address: Seller Disclosure. Purchase. II. PROPERTY ADDRESS: III. SELLER'S DISCLOSURE (initial) (To be completed and signed at time of listing). 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. ADDENDUM TO CONTRACT OF SALE.