This Lead-Based Paint Disclosure statement is required by Federal Law when selling residential housing built prior to 1978. If the home was constructed PRIOR TO 1978, this form is REQUIRED to be completed and signed by the seller and buyer. If the dwelling was constructed in 1978 or later, this form is not required. If in doubt about the timing of construction, use the disclosure form. Whenever the form is used, the seller must also give the buyer the EPA pamphlet discussed below.
Phoenix Arizona Lead Based Paint Disclosure for Sales Transaction
Category:
State:
Arizona
City:
Phoenix
Control #:
AZ-LEAD1
Format:
Word;
Rich Text
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How to fill out Arizona Lead Based Paint Disclosure For Sales Transaction?
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FAQ
According to the law, home buyers and renters will receive known information on lead-based paint and lead-based paint hazards during sales and rentals of housing built before 1978.
Just like in a residential building, owners of commercial properties must also disclose the presence of lead so long as they are selling the property.
The Rules of Lead Disclosure in Illinois Federal laws require property owners and their real estate agent to disclose the presence of lead in both residential and commercial real estate transactions.
Since that is a pretty broad statement, the Arizona Association of Realtors has created the SPDS form in an attempt to make the process as easy as possible. The disclosure form is divided into 6 general sections: Ownership and General Property Information.
Section 1018 of this law directed HUD and EPA to require the disclosure of known information on lead-based paint and lead-based paint hazards before the sale or lease of most housing built before 1978.
The seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the seller's possession and notify the buyer of any known lead-based paint hazards.