Residential Paint Disclosure Form

RESIDENTIAL PAINT DISCLOSURE FORM

This Residential Paint Disclosure Form is made on by Seller Name: (Seller) and Buyer Name: (Buyer) regarding the residential property located at Address: (the "Property").

RECITALS

WHEREAS, Seller is the legal owner of the Property identified above and has possession or control of records and reports concerning painted surfaces and related conditions at the Property; and

WHEREAS, the parties acknowledge that painted surfaces on residential dwellings may present hazards, including but not limited to the presence of deteriorated paint or known hazardous paint, and the parties wish to disclose known information relevant to the paint condition and any available records and reports; and

WHEREAS, Seller will provide to Buyer the information described in this Disclosure and any available documentation concerning the condition of painted surfaces, as set forth below.

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, the parties agree as follows:

1. PROPERTY INFORMATION AND AGE

Year construction completed: . Seller's knowledge of the age and any renovations affecting painted surfaces is provided in this Disclosure.

2. DISCLOSURE OF KNOWN PAINT CONDITIONS

Seller represents the following as to the painted surfaces on the Property (select all that apply and provide details where indicated):

Seller knows of deteriorated paint or peeling paint on the Property.

Seller knows of paint hazards or previously identified hazardous paint conditions.

Seller has no knowledge of deteriorated paint or paint hazards on the Property.

If any condition in the preceding selections applies, describe location, age of repairs, and nature of condition:

3. RECORDS AND REPORTS

Seller hereby discloses whether the following records or reports relating to painted surfaces are in Seller's possession or control and are being delivered to Buyer:

Visual inspection report

Paint testing or laboratory analysis

Remediation, repair or abatement records

Other records (identify and attach copies as applicable):

4. BUYER'S RIGHT TO INSPECT

Buyer acknowledges receipt of this Disclosure and is granted the opportunity, at Buyer's expense, to conduct a risk assessment or inspection of painted surfaces. Buyer shall have days from the date of Buyer’s receipt of this Disclosure to complete such inspection unless a different period is agreed in writing.

If Buyer elects to perform an inspection or testing, written notice of the results shall be provided to Seller within days of completion.

5. SELLER CERTIFICATIONS

Seller certifies, to the best of Seller's knowledge after reasonable inquiry, that the information provided herein is true and accurate. Seller further certifies that any records and reports identified above are complete and have been disclosed to Buyer.

Seller does not warrant that undisclosed or latent conditions do not exist; Seller's representations are limited to known conditions and records in Seller's possession or control.

6. ACKNOWLEDGEMENTS

Buyer acknowledges receipt of the information disclosed by Seller and acknowledges the opportunity to obtain independent inspections and testing. Buyer understands that this Disclosure is not a warranty of condition and that responsibility for any further investigation rests with Buyer.

Buyer elects to: Proceed without further inspection Obtain inspection/testing prior to closing

7. NOTICES

Seller Contact for Notices

Buyer Contact for Notices

8. REPRESENTATIONS, WARRANTY DISCLAIMER

Except as expressly provided in this Disclosure, Seller makes no express or implied warranty as to the condition of painted surfaces or the absence of hazardous paint conditions. Any remedies or representations beyond the scope of this Disclosure must be set forth in a separate written agreement signed by the parties.

9. MISCELLANEOUS PROVISIONS

Governing Law. This Disclosure shall be governed by and construed in accordance with the laws of the state in which the Property is located, without regard to conflict of law principles.

Entire Agreement. This Disclosure constitutes the entire written disclosure between the parties with respect to the subject matter hereof and supersedes prior oral or written statements specifically concerning the condition of painted surfaces at the Property.

Severability. If any provision of this Disclosure is determined to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

Amendment. This Disclosure may be amended only by a writing signed by both Seller and Buyer.

Waiver. The failure of any party to enforce any provision of this Disclosure shall not be construed as a waiver of that provision or any other provision.

SIGNATURES

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