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Mississippi Lead Based Paint Disclosure for Sales Transaction

Mississippi Lead Based Paint Disclosure for Sales Transaction

Category:

Real Estate - Home Sale

State:

Mississippi

Control #:

MS-LEAD1

Format:

Instant download

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Description

This Lead-Based Paint Disclosure statement is required by Federal Law when selling residential housing built prior to 1978. If the home was constructed PRIOR TO 1978, this form is REQUIRED to be completed and signed by the seller and buyer. If the 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 seller must also give the buyer the EPA pamphlet discussed below.

Agreement or Contract for Deed for Sale and Purchase of Real Estate a/k/a Land or Executory Contract

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Buyer's Request for Accounting from Seller under Contract for Deed

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Contract for Deed Seller's Annual Accounting Statement

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Assignment of Contract for Deed by Seller

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Notice of Assignment of Contract for Deed

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Residential Real Estate Sales Disclosure Statement

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Movie or Film Production Agreement

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A01 Petition For Custody and Parenting Time

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8.182 Sexual Exploitation of Child-Permitt...

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Employment Application for Painter

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Contract for the Lease of Personal Property

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Factoring Agreement

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Subpoena for Documents to a Nonparty

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Release, Waiver of Liability and Indemnifi...

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Petition For Writ Of Habeas Corpus By Pers...

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Accounts Receivable - Assignment

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FAQ

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.

Correct Before the purchaser or lessee is obligated under a contract for sale or lease. Purchasers or lessees must receive the lead-based paint disclosures before they become obligated under a contract for sale or lease, which generally occurs when the contract or lease is signed. 5.

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.

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 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.

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.