Lead Based Paint Rider and Disclosure Bar Association of Erie Form
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People also ask
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Who is the burden of complying with the lead-based paint disclosure law?
Sellers, landlords, property managers, and real estate agents are all responsible for compliance. On this page you will find information about: Housing covered and exempted by the rule.
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What is the criteria for lead-based paint?
Paint – Definition of Lead-Based Paint Paint or other surface coatings that contain at least: ➢ 1 milligram per centimeters square (mg/cm2) of lead; ➢ 0.5 percent lead; or 5,000 parts per million lead by dry weight.
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Which of these is required in a lead-based paint disclosure for homes?
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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What are the requirements for lead-based paint disclosure?
The Lead-based Paint Disclosure Rule requires sellers, landlords, real estate agents and property managers to provide specific information about lead-based paint and lead-based paint hazards before prospective renters and homebuyers sign a lease or contract.
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What are the federal lead disclosure requirements?
The Lead-based Paint Disclosure Rule requires sellers, landlords, real estate agents and property managers to provide specific information about lead-based paint and lead-based paint hazards before prospective renters and homebuyers sign a lease or contract.
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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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When must your seller client include a lead-based paint disclosure if her home was built prior to ______?
Lead Warning Statement Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning.
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What are the exceptions to lead-based paint disclosure?
Lead-based paint disclosure exemptions In addition to houses built in or after 1978, the following also qualify for an exemption from the disclosure rules: Dwelling units with no bedrooms, such as a studio apartment. Dwelling units that are leased for 100 days or fewer, such as short-term rentals.
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