Lead Based Paint Disclosure for Sales Transaction Maine Form
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People also ask
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Which of these is required in a lead-based paint disclosure?
Disclose any known information concerning lead-based paint or lead-based paint hazards. The seller or landlord must also disclose information such as the location of the lead-based paint and/or lead-based paint hazards, and the condition of the painted surfaces.
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Which of the following statements is true regarding lead-based paint disclosures?
Explanation: The true statement concerning lead-based paint disclosure is that it should be given for properties built before 1978. This is because lead-based paint was banned by the U.S. government for use in housing in that year.
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Who signs the lead-based paint disclosure?
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.
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What happens if the seller doesn't disclose lead paint?
Home sellers who fail to comply with federal disclosure responsibilities may be sued by the buyer for damages suffered.
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Who is responsible for making sure a seller complies with the EPA lead-based paint disclosure obligations?
Real estate agents also share responsibility for ensuring compliance with California lead paint disclosure laws.
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What happens if the seller doesn't disclose lead paint?
Home sellers who fail to comply with federal disclosure responsibilities may be sued by the buyer for damages suffered.
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Whose obligation is it to disclose potential lead-based paint to buyers of homes built before 1978?
“In general, the Act requires that sellers of property built before 1978 disclose all known information about the presence of lead-based paint and lead-based paint hazards on their premises.
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When must your seller client include a lead-based paint disclosure if her home was built prior to ______?
“In general, the Act requires that sellers of property built before 1978 disclose all known information about the presence of lead-based paint and lead-based paint hazards on their premises.
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