Lead-Based Paint Disclosure
A federally mandated disclosure required for homes built before 1978, informing buyers of the potential presence of lead-based paint and associated health hazards.
When Its Used
Required for all residential properties built before 1978. Must be provided before the buyer is obligated under the contract.
Key Sections
Seller's knowledge of lead paint; Records and reports; Lead warning statement; Buyer's acknowledgment; 10-day inspection opportunity
Common Mistakes
Not providing for pre-1978 homes; Missing signatures; Not providing the required lead pamphlet; Shortening the 10-day inspection period
Pro Tip
Always verify the year the home was built. Buyers must be given 10 days to conduct a lead inspection (can be waived). Keep the EPA pamphlet 'Protect Your Family From Lead' on hand.
