|



|
Disclosure of Information Concerning Lead-Based Paint
in Housing Rule
The Act: Section 1018 of the Residential Lead-based Paint Hazard
Reduction Act of 1992 requires sellers, landlords and agents to warn homebuyers
and tenants of lead-based paint and lead-based paint hazards in pre-1978
housing.
Effective Date: The regulations, published jointly by the Department
for Housing and Urban Development (HUD) and the Environmental Protection
Agency (EPA), became effective on September 6, 1996 for transactions involving
owners of more than 4 residential dwellings and on December 6, 1996 for
transactions involving owners of 1 to 4 residential dwellings.
Exemptions: The regulations apply to all transactions to sell or lease
target housing except for the following:
- housing constructed on or after 1978 (when lead-based paint was banned
for residential use);
- housing for the elderly or persons with disabilities, unless a child
under 6 resides or is expected to reside in the housing;
- dwellings without bedrooms, i.e., efficiencies and military barracks;
- foreclosure sales;
- short-term leases of 100 days or less;
- renewal of leases where all information has been disclosed previously
and where lessor has acquired no new information ("renewal"
is defined under the regulations to "include both renegotiation
of existing lease terms and/or ratification of a new lease"); and
- leases of housing which have been inspected and found to be free of
lead-based paint by a certified inspector.
Information The Purchaser or Lessee Must Receive From The Seller or
Landlord Prior To Becoming Obligated Under Any Contract To Lease or Purchase
Target Housing
- an EPA-approved information pamphlet
on identifying and controlling lead-based paint hazards;
- 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;
- any records and reports on lead-based paint which are available
to the seller or landlord (for multi-unit buildings, this requirement
includes records concerning common areas and other units, when such
information was obtained as a result of a building-wide evaluation);
and
- an attachment to the contract or lease (or language inserted in the
lease itself) which includes a Lead
Warning Statement and confirms that the seller or landlord has complied
with all notification requirements. This attachment is to be provided
in the same language used in the rest of the contract. Sellers or landlords,
and agents, as well as homebuyers or tenants, must sign and date the
attachment.
10 Day Inspection Period For Homebuyers
- 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.
- Parties may mutually agree, in writing, to lengthen or shorten the
time period for inspection.
- Homebuyers may waive this inspection opportunity.
- Sellers are not required by law to allow homebuyers to void their
contract based on the results of the lead-based paint evaluation.
Recordkeeping
- Sellers and lessors must retain a copy of the disclosure for no less
than three years from the date of sale or the date the leasing period
begins.
What You Can Do
- If you did not receive the Disclosure of Information on Lead-based
Paint and/or Lead-Based Paint Hazards form when you bought or leased
pre-1978 housing, contact the National Lead Information Clearinghouse
at 1-800-424-LEAD.
Links
|