Based Paint Disclosure Blank Within

State:
Utah
Control #:
UT-LEAD1
Format:
Word; 
Rich Text
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Description

The Lead-Based Paint Disclosure form is essential for property transactions involving residential dwellings built before 1978, highlighting the potential risks associated with lead-based paint. Key features of the form include a lead warning statement, seller's acknowledgment about the presence of lead hazards, and the requirement to provide records or reports related to lead exposure. The form also includes sections for the purchaser's acknowledgment of having received pertinent information and the pamphlet 'Protect Your Family from Lead in Your Home.' It is crucial for sellers to fully disclose any known lead hazards to avoid penalties under federal law. Filling and editing instructions emphasize clarity and accuracy, requiring sellers and buyers to initial various confirmations and sign at the end. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it supports legal compliance while safeguarding public health interests. Additionally, it enables legal professionals to adequately advise clients on their rights and responsibilities regarding 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

How to fill out Utah Lead Based Paint Disclosure For Sales Transaction?

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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.

Sellers and lessors must provide purchasers and lessees with the Protect Your Family From Lead pamphlet. Sellers and lessors must disclose the presence of any known lead-based paint and/or lead-based paint hazards to the purchasers and lessees and to any agent.

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.

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?).

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.

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Based Paint Disclosure Blank Within