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North Carolina Lead Based Paint Disclosure for Rental Transaction

North Carolina Lead Based Paint Disclosure for Rental Transaction

Name: North Carolina Lead Based Paint Disclosure for Rental Transaction
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.88 (311 reviews)

Category:

North Carolina Landlord Tenant - Disclosures - Lead Based Paint

State:

North Carolina

Control #:

NC-LEAD2

Format:

Instant download

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Description

This is a Lead-Based Paint Disclosure form required for the rental of residential dwellings. If the rental unit was constructed PRIOR TO 1978, this form is REQUIRED to be completed and signed by the lessor/landlord and lessee/tenant. If the rental 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 landlord must also give the tenant the EPA pamphlet discussed below.

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FAQ

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.

The Rule states that if an agent is involved in a transaction to sell target housing, the "Lead Warning Statement" must include a statement signed by the agent that the agent has informed the seller of the seller's legal obligations and that the agent is aware of his/her duty to ensure compliance with the Rule.

Immediately clean up any paint chips you find. Keep play areas clean. Don't let children chew on painted surfaces. Clean dust off of window sills and other surfaces on a regular basis, using a sponge, mop, or paper towels with warm water.

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.

The lead-based paint disclosure form is a required form to be issued to all tenants and potential buyers for residential properties built before 1978.The forms were written to warn any new owners or tenants of the potential existence of this within the interior walls of the residence.

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.

North Carolina Lead Based Paint Disclosure for Rental Transaction

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FAQ

What is the lead disclosure rule?

Who signs the Lead Paint Disclosure?

What should I do if I find lead paint?

Who is responsible for disclosing the lead paint disclosure to the buyer?

What does it mean if there is a lead paint disclosure?

Do you have to disclose lead paint?

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North Carolina Lead Based Paint Disclosure for Rental Transaction

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