
Trec Lead Based Paint Form


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People also ask trec lead paint addendum
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Which of the following may be exempt from the lead-based paint disclosure requirements?
Landlords and tenants should know that there are residences that may be exempt from the lead-based paint disclosure, including: Homes constructed during or after 1978. Residences that have been cleared of lead paint by a property inspector. Short-term rentals that are leased for a maximum of 100 days.
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How much is a lead-based paint inspection in Texas?
A lead paint inspection costs around $600 on average, and prices usually fall somewhere between $300 and $700 , mostly depending on the size of your home.
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Is a lead-based paint disclosure required in Texas?
Here in Texas, the form we use is a form from the Texas Real Estate Commission, Addendum for Seller's Disclosure of Information on Lead-Based Paint and Lead Based-Paint Hazards as Required by Federal Law.
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Do all homes before 1978 have lead paint?
Although lead-based paint was banned for residential use in the United States in 1978, it is still present in millions of homes in California and continues to be the leading cause of childhood lead poisoning in the state. All homes built before 1978 are presumed to contain lead paint.
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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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How do I know if paint is lead based?
If you notice alligator cracks on the walls, there's a good chance your paint contains lead. Lead paint also produces a chalky residue when it rubs off, which is another great way to identify it.
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What does federal law require regarding lead-based paint?
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.
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What are the requirements for lead-based paint in Fannie Mae?
Lender requires as a condition to the making of the Loan that Borrower develop, implement and carry out an operations and maintenance plan for the containment, or removal of paint containing more than 0.5 percent lead by dry weight ("Lead-Based Paint") on the Property ("O&M Plan").
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