Colorado Lead-Based Paint Obligations of Seller

State:
Colorado
Control #:
CO-RE-LP47
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PDF
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Description Lead Based Paint Disclosure Colorado

Lead-Based Paint Obligations of Seller: This is an official Colorado Real Estate Commission form that complies with all applicable Colorado codes and statutes. USLF amends and updates all Colorado forms as is required by Colorado statutes and law.

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FAQ

If you plan to sell your home, it's legally required that you disclose your knowledge of the existence of lead paint. Lead paint sales and applications were banned in the United States in 1978. However, homes that are older than this may still have lead present.

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.

Federal law requires you to provide certain important information about lead-based paint and/or lead-based paint hazards before a prospective buyer is obligated under a contract to purchase your home.Inform the seller of his or her obligations under the Real Estate Notification and Disclosure Rule.

How do I remove lead paint from my home? To permanently protect your family from the hazards associated with lead paint, you must remove it, encapsulate it, or enclose it. A certified lead abatement contractor can perform the work, being cautious to contain dust and paint chips in the process.

Under the Disclosure Rule, any seller or landlord must disclose information concerning lead-based paint and/or lead-based paint hazards when selling or leasing to any prospective purchaser or tenant of residential housing. The residential housing covered by the Disclosure Rule are those units built before 1978.

Yes, you can paint over lead-based paint, but not with just any type of paint.Encapsulation is less expensive than lead paint removal and it's actually safer since it doesn't release lead dust or debris into the air. Keep in mind; conventional oil- or water-based paints are not encapsulants!

Lead-based paint is a health hazard to children and adults because the dust chips and fumes can be ingested or inhaled. In 1978, the U.S. Consumer Product Safety Commission limited the amount of lead allowed in paint. Any surface painted before that year has the potential to be a lead hazard.

If you plan to sell your home, it's legally required that you disclose your knowledge of the existence of lead paint. Lead paint sales and applications were banned in the United States in 1978. However, homes that are older than this may still have lead present.

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.

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Colorado Lead-Based Paint Obligations of Seller