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Oregon Lead Based Paint Disclosure for Sales Transaction Form
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People also ask
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Which of the following properties requires a lead-based paint disclosure?
The Lead-Based Paint Disclosure Rule applies to most pre-1978 private housing, public housing, federally owned housing, and housing receiving federal assistance.
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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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When to use lead-based paint addendum?
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 is a lead-based paint disclosure used for Quizlet?
Pre-contract disclosure avoids cancellation The seller's agent hands the prospective buyer a lead-based paint disclosure signed by the owner of the property which discloses that lead-based paint is known to exist on the property.
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Which of the following leases is required to include a lead-based paint disclosure?
This requirement applies to most pre-1978 private housing, public housing, federally owned housing, and housing receiving federal assistance.
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Which of the following transactions requires a lead-based paint disclosure?
Before a contract for housing sale or lease is signed, federal law requires sellers, landlords, real estate agents, and managers of rental properties to disclose any known information concerning the presence of lead-based paint and lead-based paint hazards.
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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 is not required as part of lead-based paint disclosure to a buyer?
Nothing in the rule requires an owner to remove lead-based paint or lead hazards from the property.
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