However, there are a few exceptions, which include the following: Which Types of Homes Require a Lead Paint Disclosure Form?Īlmost all residential dwellings built after 1978 will require you to include a lead-based paint disclosure form, including the following: Including all lead hazard information in your seller’s disclosure is much cheaper. If the homebuyer or one of their family members gets sick in the home you sold, you more than likely will be sued for legal damages and be required to pay a minimum federal penalty of $10k or more. This type of negligence opens you up to liability. If you know about the presence of lead-based paint in your home and fail to include it in your lead paint disclosure, then lead exposure isn’t the only thing you’ll have to worry about. What Happens If You Don’t Disclose Known Lead-Based Paint Hazards? Homebuyers can even waive a lead inspection, but we don’t recommend it, especially if you have children or pets. You and the buyer can agree on whether to compress or expand this timeline, depending on your needs. This statement confirms that you’ve gathered all of the necessary notification requirements regarding lead-based paint in your disclosure of information.Īs a seller, you must also give your homebuyer an EPA-approved information pamphlet titled: “Protect Your Family From Lead In Your Home.” This pamphlet walks the buyer through identifying lead-based paint hazards and what they need to do to stay safe.įinally, sellers must grant homebuyers a 10-day window to conduct a risk assessment or paint inspection to evaluate lead levels in the home and any potential lead-based paint hazards. A Lead Warning Statement, which you must add to the contract between you and the buyer. If you’re the rental property owner of a multi-unit building, federal law states that you must also include any records and reports regarding common areas. Any known information, such as records and reports, you received about lead-based paint when you purchased the home.Where lead-based paint was used in a home and the current condition of those painted surfaces.What Are the Lead Paint Disclosure Requirements?Īccording to the Environmental Protection Agency (EPA), here’s what sellers typically need to include in their lead-based paint disclosures: In this post, we’ll explore the requirements of a Lead Paint Disclosure and what types of homes are required to disclose this information, as well as the harmful effects of lead-based paint, how to maintain your home if you have it, and options for getting rid of it. This act requires home sellers and landlords to provide a lead paint disclosure regarding any lead-based paint or lead-based paint hazards that homebuyers and renters might encounter. To protect families from harm, Congress passed the Residential Lead-Based Paint Hazard Reduction Act of 1992 (aka Title X). What’s worse is that you could have lead poisoning without even showing symptoms. It is especially important to be aware of lead-based paint hazards if you are living in a home with small children or animals who could accidentally eat or chew on the paint debris. However, if your paint is chipping, peeling, and creating lead dust, you risk inhaling it and damaging your body. government estimates that about 64 million homes currently have lead paint.īut even if your home was built before 1978, you may not have to worry: When properly managed and maintained, lead paint poses only a little risk. Lead-based paint was used in about 75% of houses built before 1978. For many years, people painted their walls with a highly toxic material that caused nausea, learning disabilities, organ damage, and sometimes even death.
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