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 Lead Paint pamphlet (link included).
Also includes: link to 'Environmental Hazards' pamphlet.
Simi Valley California Lead Based Paint Disclosure for Sales Transaction is a legal requirement implemented to protect potential buyers from the potential hazards associated with lead-based paint. Lead-based paint, commonly used prior to 1978, poses health risks, especially to young children and pregnant women. This disclosure aims to inform buyers about the presence of lead-based paint in residential properties built before this year and any potential risks associated with it. Simi Valley California Lead Based Paint Disclosure for Sales Transaction includes essential information that sellers must provide to potential buyers. This disclosure should state whether the property was constructed before 1978, as that is the cutoff date for when lead-based paint was banned. Additionally, if lead-based paint is present in the property, sellers must disclose its existence and provide any available documentation regarding lead-based paint inspections, hazards, or previous remediation measures undertaken. The disclosure must also include information about the potential health effects of lead exposure, especially on children, along with any available reports or documentation regarding lead hazards. It is essential for sellers to provide these details, as failure to disclose known lead-based paint issues can result in legal liabilities and financial penalties. Different types of Simi Valley California Lead Based Paint Disclosure for Sales Transaction may include: 1. Standard Disclosure: This is the basic disclosure form where sellers acknowledge the presence or absence of lead-based paint in the property. It includes information about potential hazards and the potential risks associated with lead exposure. 2. Lead Evaluation Report Disclosure: If a property has undergone a lead evaluation or inspection, this disclosure type requires providing the evaluation report to potential buyers. The report should specify the presence or absence of lead-based paint and any remediation measures undertaken. 3. Lead Hazard Disclosure: In cases where lead-based paint hazards or lead-contaminated soil exist, this additional disclosure is required. It includes information about the specific hazardous areas and any measures taken to reduce or eliminate these hazards. Sellers must provide the appropriate Simi Valley California Lead Based Paint Disclosure for Sales Transaction to potential buyers before the sale is finalized. This ensures transparency and allows buyers to make informed decisions about purchasing a property. It is advisable for both buyers and sellers to consult with real estate professionals or legal experts for a comprehensive understanding of their rights and obligations related to lead-based paint disclosures in Simi Valley, California.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
