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Lead Disclosure Statement

The Lead Disclosure Statement is a document that outlines the potential risks and hazards associated with lead-based paint in a residential property.

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Service Description

The Lead Disclosure Statement is a vital document that provides important information to buyers and renters of residential properties about the potential risks of lead-based paint in the property. The purpose of this document is to inform the buyer or renter of any known presence of lead-based paint in the property and the potential health risks associated with it.

The Lead Disclosure Statement is required by federal law and must be provided to the buyer or renter before signing any contracts or lease agreements. In addition, the seller or landlord must provide a copy of the EPA pamphlet “Protect Your Family from Lead in Your Home” to the buyer or renter.

The Lead Disclosure Statement will typically include the following information:

1. Identification of the Property: This section will provide basic information about the property being sold or rented, such as the address and any identifying numbers or codes.

2. Disclosure of Known Lead-Based Paint Hazards: This section will indicate whether the property has been tested for lead-based paint and whether any hazards have been identified. If there are no known hazards, it will be stated as well.

3. Warning Statement: This section will provide a warning statement that warns the buyer or renter of the potential hazards of lead-based paint and advises them to take the necessary precautions to protect themselves and their families.

4. Acknowledgment and Disclosure: This section will require the signature of the buyer or renter indicating that they have received and reviewed the Lead Disclosure Statement and the EPA pamphlet. It will also require the signature of the seller or landlord indicating that they have provided the required information.

In summary, the Lead Disclosure Statement is a critical document that provides important information to buyers and renters about the potential hazards of lead-based paint in a residential property. It is required by federal law and must be provided to the buyer or renter before any contracts or lease agreements are signed. This document helps to ensure the safety and well-being of those who will be living in the property.

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