law

lead-based paint disclosure

Lead-based paint disclosure is a federal requirement for the sale or lease of most housing built before 1978. Sellers and landlords must disclose any known lead-based paint or hazards, provide available reports, give buyers or tenants the EPA pamphlet on lead hazards, and include a warning statement in the contract. Buyers must be offered a 10-day opportunity to conduct a lead inspection, which they may waive. Agents share responsibility for compliance.