Ohio Lead Based Paint Disclosure for Rental Transaction
Overview of this form
The Lead Based Paint Disclosure for Rental Transactions is a legal document required when renting a residential dwelling built before 1978. This form ensures that landlords disclose any known lead-based paint hazards to tenants, promoting awareness of the health risks associated with lead exposure. Unlike other rental agreements, this disclosure specifically addresses lead safety regulations mandated by federal law.
Key parts of this document
- Identification of the rental property, including address details.
- Lead warning statement highlighting the risks of lead exposure for children and pregnant women.
- A section for landlords to disclose the presence or absence of lead-based paint hazards.
- Documentation requirements such as record sharing between lessor and lessee.
- Tenant acknowledgment of receipt of information and EPA pamphlet on lead safety.
- Certification of accuracy where parties confirm the truthfulness of the disclosed information.
When to use this form
This form should be used during the rental process when leasing a residential property constructed before 1978. It is crucial for landlords to complete this form and provide it to tenants before signing any lease agreement to comply with federal regulations aimed at preventing lead exposure. Use this form to ensure that your rental transaction adheres to legal requirements for health and safety disclosures.
Who this form is for
- Landlords renting residential properties built prior to 1978.
- Real estate agents facilitating rental transactions for older residential dwellings.
- Tenants looking to understand potential lead hazards in a rental unit.
Instructions for completing this form
- Identify the rental property's address, including the city, state, and zip code.
- Check whether known lead-based paint hazards are present in the dwelling.
- Provide descriptive information if lead hazards are known.
- Ensure all available records related to lead hazards are shared with the tenant.
- Have both parties initial the acknowledgment sections confirming they have received required information.
- Sign and date the form to certify the information is accurate.
Is notarization required?
Notarization is not commonly needed for this form. However, certain documents or local rules may make it necessary. Our notarization service, powered by Notarize, allows you to finalize it securely online anytime, day or night.
Common mistakes to avoid
- Failing to disclose known lead hazards present in the property.
- Not providing the required EPA pamphlet on lead safety to tenants.
- Neglecting to get signatures from both parties on the disclosure form.
- Incomplete information regarding the rental property's address or construction date.
Benefits of using this form online
- Convenient access and immediate download to streamline the rental process.
- Editability allows users to customize the form with specific property details easily.
- Reliability of legally drafted templates ensures compliance with federal regulations.
Legal requirements by state
This form is applicable in all U.S. states and must comply with federal regulations regarding lead-based paint disclosures. Ensure to verify any specific state laws that may augment federal requirements.
Main things to remember
- The Lead-Based Paint Disclosure is mandatory for rentals of residential properties built before 1978.
- Landlords must inform tenants about potential lead hazards to ensure compliance with federal law.
- Both landlords and tenants should retain signed copies of this disclosure for their records.
Form popularity
FAQ
The lead-based paint disclosure form is a required form to be issued to all tenants and potential buyers for residential properties built before 1978.The forms were written to warn any new owners or tenants of the potential existence of this within the interior walls of the residence.
Under the Disclosure Rule, any seller or landlord must disclose information concerning lead-based paint and/or lead-based paint hazards when selling or leasing to any prospective purchaser or tenant of residential housing. The residential housing covered by the Disclosure Rule are those units built before 1978.
The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller's possession and notify the buyer of any known lead-based paint hazards.
The Rule states that if an agent is involved in a transaction to sell target housing, the "Lead Warning Statement" must include a statement signed by the agent that the agent has informed the seller of the seller's legal obligations and that the agent is aware of his/her duty to ensure compliance with the Rule.
Immediately clean up any paint chips you find. Keep play areas clean. Don't let children chew on painted surfaces. Clean dust off of window sills and other surfaces on a regular basis, using a sponge, mop, or paper towels with warm water.
Federal law requires you to provide certain important information about lead-based paint and/or lead-based paint hazards before a prospective buyer is obligated under a contract to purchase your home.Inform the seller of his or her obligations under the Real Estate Notification and Disclosure Rule.
