This detailed sample Lead-Based Paint Addendumcomplies with Texas law. Adapt the language to fit your facts and circumstances. Available in Word and Rich Text formats.
This detailed sample Lead-Based Paint Addendumcomplies with Texas law. Adapt the language to fit your facts and circumstances. Available in Word and Rich Text formats.
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According to the law, home buyers and renters will receive known information on lead-based paint and lead-based paint hazards during sales and rentals of housing built before 1978.
The Rules of Lead Disclosure in Illinois Federal laws require property owners and their real estate agent to disclose the presence of lead in both residential and commercial real estate transactions.
Sellers or landlords, and agents, as well as homebuyers or tenants, must sign and date the attachment. Sellers must provide homebuyers a 10-day period to conduct a paint inspection or risk assessment for lead-based paint or lead-based paint hazards.
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 inspection in the seller's possession and notify the buyer of any known lead-based paint hazards.
Just like in a residential building, owners of commercial properties must also disclose the presence of lead so long as they are selling the property.
All Colorado real estate management professionals are now legally required to include lead-based paint disclosures prior to subletting or renovating a property. Lead poisoning is a serious issue that could result in serious health problems, including death.
The federal Renovation, Repair, and Paint Rule went into effect April 22, 2010 and requires training and certification in lead safe work practices for persons who perform renovation or repairs in homes, child care centers, and schools built before 1978.
Section 1018 of this law directed HUD and EPA to require the disclosure of known information on lead-based paint and lead-based paint hazards before the sale or lease of most housing built before 1978.
The form titled Addendum for Seller's Disclosure of Information on Lead-Based Paint and Lead-Based Paint Hazards (TAR 1906, TREC OP-L) is a TREC form that complies with federal law. Use this form any time a TREC or TAR contract form is used in the sale of a property with a dwelling built before 1978.