The following form complies with 42 U.S.C. 4852d. However, individual state regulations should also be checked for compliance.
Missouri Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards is a legal requirement designed to protect buyers and tenants from exposure to lead-based paint and its associated hazards. The disclosure serves as an essential form, ensuring that adequate information about lead-based paint is provided to potential buyers or renters, enabling them to make informed decisions. The Missouri Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards is a crucial part of the residential real estate transaction process. It outlines the responsibilities of the sellers, lessors, and their agents to disclose any knowledge or presence of lead-based paint or hazards in a property. Key elements covered in the Missouri Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards include the following: 1. Identification of the parties involved: The disclosure form specifies the names and contact information of the sellers or lessors, as well as any participating agents or brokers. 2. Property details: The form includes the address, legal description, and other identifying information about the property being sold or rented. 3. Notification of potential lead-based paint or hazards: The disclosure explicitly asks the sellers or lessors to provide information about whether they have any knowledge of lead-based paint or its hazards in the property. They must disclose this information, based on their best knowledge and belief, indicating the presence or absence of lead-based paint. 4. Distribution of records and reports: If available, the disclosure requires the sellers or lessors to provide any reports or records related to lead-based paint or hazards, such as inspection reports or known information about lead-based paint remediation or mitigation. 5. Buyer or tenant acknowledgment: The form includes a section where the buyers or tenants acknowledge that they have received the disclosure and any accompanying records or reports. This ensures that they are aware of the potential risks associated with lead-based paint and hazards. In Missouri, there are no different types of disclosure forms for lead-based paint, as the state follows the federal regulations established by the Environmental Protection Agency (EPA), known as the Lead-Based Paint Disclosure Rule. However, variations in specific language or formatting may exist based on different templates or forms provided by real estate associations or legal professionals. To ensure compliance, it is essential for sellers, lessors, and agents in Missouri to use the approved Missouri Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards form and provide accurate and complete information. Failure to fulfill these obligations can lead to legal consequences and potential liabilities. It is highly recommended that buyers or tenants thoroughly review and understand the disclosed information before finalizing any real estate transactions involving properties built before 1978, the year when the use of lead-based paint was banned for residential properties in the United States.
