Wayne Michigan Lead Based Paint Disclosure for Rental Transaction is an important document that landlords and property owners in Wayne, Michigan, must provide to tenants before leasing a residential property built before 1978. This disclosure is required by the Environmental Protection Agency (EPA) under the federal law known as the Lead-Based Paint Hazard Reduction Act. The purpose of the Wayne Michigan Lead Based Paint Disclosure is to inform potential tenants about the potential presence of lead-based paint in the rental property. Lead-based paint was commonly used in properties constructed before 1978 and can pose a significant health risk, especially to young children and pregnant women. The disclosure form consists of several sections, each covering specific information related to lead-based paint. Landlords must complete and sign this document, providing accurate and truthful details. Tenants must also read and acknowledge the disclosure form by signing it, indicating their understanding of the potential risks associated with lead-based paint. In Wayne, Michigan, there are two main types of Lead Based Paint Disclosure for Rental Transaction: 1. Wayne Michigan Lead Based Paint Disclosure for Renters: This form is intended to inform potential tenants about the potential presence of lead-based paint in the rental property before they sign the lease agreement. It includes information about the specific property, the year of construction, and whether the landlord has knowledge of the presence of lead-based paint. 2. Wayne Michigan Lead Based Paint Disclosure for Sellers: This form is used when selling a property that was built before 1978. In addition to the usual seller disclosure forms required in real estate transactions, the seller must also provide this specific lead-based paint disclosure form. It is crucial to disclose any known information about lead-based paint hazards, testing, or remediation that has been conducted on the property. By providing the Wayne Michigan Lead Based Paint Disclosure for Rental Transaction, landlords and property owners fulfill their legal obligations and demonstrate transparency in their renting practices. This disclosure ensures that prospective tenants have accurate information about lead-based paint hazards, allowing them to make informed decisions about renting a property and taking necessary precautions to protect their health and well-being, especially for households with young children or pregnant women.
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.