What This Lead-Based Paint Disclosure Template Covers

This lead-based paint disclosure template provides essential information regarding the presence of lead-based paint hazards in residential properties built before 1978. It includes crucial clauses such as the Property Information section, which details the specifics of the property, and the Lead-Based Paint Warning, which alerts potential buyers to the risks associated with lead exposure. Additionally, this template incorporates the Disclosure and Acknowledgment of Receipt clauses, ensuring that both parties understand the implications of lead-based paint in the home.

When to Use a Lead Disclosure Form

This lead-based paint disclosure template is vital for homebuyers purchasing pre-1978 housing, as federal law mandates that sellers disclose any known lead hazards. Use this template when selling or buying older homes to comply with lead hazard disclosure requirements for sellers, protect public health, and inform buyers about potential risks. It's also essential when conducting renovations on older properties to ensure safety and compliance.

What's Included in This Pre-1978 Housing Disclosure

• Property Information: Details about the property address, seller's full name, and buyer's full name.
• Lead-Based Paint Warning: A clear notice outlining the dangers of lead exposure and its health risks.
• Disclosure: A section where the seller discloses any known lead-based paint hazards.
• Acknowledgment of Receipt: A clause confirming that the buyer has received and understands the lead hazard information.
• Buyer Acknowledgment: A section for the buyer to acknowledge their understanding of the lead-based paint risks.
• Additional Information: Optional space for any further details relevant to the property.

Key Lead-Based Paint Warning Notice Provisions

• Property Lead Hazard Disclosure: This clause is crucial for ensuring that buyers are informed about any lead hazards, protecting both the seller and the buyer legally.
• Tenant Lead Paint Acknowledgment: This provision is important for landlords to ensure tenants are aware of lead hazards, thus minimizing liability.
• Legal Compliance: Using this template helps sellers meet federal requirements, which is vital for avoiding potential legal issues.

Disclaimer: This template is for informational purposes only and does not constitute legal advice.