North Dakota Lead Based Paint Disclosure for Rental Transaction
What is this form?
The Lead Based Paint Disclosure for Rental Transaction is a legal document required for renting residential properties built before 1978. This form informs tenants about the potential presence of lead-based paint and related hazards, ensuring compliance with federal regulations. Unlike other forms that may not address lead hazards, this disclosure is essential for properties constructed prior to 1978 where lead exposure could be a concern.
What’s included in this form
- Lead Warning Statement: Alerts users about the risks associated with lead in older housing.
- Lessor's Disclosure: Requires landlords to disclose known lead-based paint hazards or state that there are none.
- Records and Reports: Allows landlords to provide any available records regarding lead paint in the dwelling.
- Lessees Acknowledgment: Confirms that tenants have received all relevant disclosures and safety pamphlets.
- Agent's Acknowledgment: Ensures that any agents involved understand their responsibilities concerning lead disclosures.
Common use cases
This form should be used whenever a rental property was constructed before 1978. It is necessary for protecting both landlords and tenants from the health risks related to lead-based paint. If you are a landlord renting an older property, completing this disclosure is mandatory to comply with federal law.
Who needs this form
- Landlords renting residential properties built before 1978.
- Tenants who are renting such properties and need to be informed about potential lead hazards.
- Real estate agents acting on behalf of landlords or tenants in rental transactions involving older properties.
Completing this form step by step
- Identify the parties involved: Enter the names of the landlord (lessor) and tenant (lessee).
- Specify the property: Include the address of the rental property and confirm its construction year.
- Tick the appropriate disclosures: Indicate whether known lead-based paint hazards exist.
- Provide any available records: List any documents related to lead presence if applicable.
- Ensure signatures: Have all parties sign and date the form to confirm acknowledgment.
Does this document require notarization?
Notarization is not commonly needed for this form. However, certain documents or local rules may make it necessary. Our notarization service, powered by Notarize, allows you to finalize it securely online anytime, day or night.
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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.
Download a copy, print it, send it by email, or mail it via USPS—whatever works best for your next step.
Sign and collect signatures with our SignNow integration. Send to multiple recipients, set reminders, and more. Go Premium to unlock E-Sign.
If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
We protect your documents and personal data by following strict security and privacy standards.
Common mistakes
- Failing to disclose known lead-based paint hazards.
- Not providing the required pamphlet on lead poisoning prevention to tenants.
- Omitting signatures or dates from the form.
- Using the form incorrectly for properties built after 1978.
Advantages of online completion
- Convenient access: Download the form from anywhere at any time.
- Editability: Fill in the required fields easily and accurately before submission.
- Reliability: Forms are drafted by licensed attorneys to ensure compliance with legal standards.
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FAQ
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.
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.
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.
As long as the salesperson has informed the sellers or lessors of their obligations to disclose, the salesperson won't be held liable for the failure to disclose to a purchaser or lessee the presence of lead-based paint or lead-based paint hazards known by sellers or lessors but not disclosed to the salesperson, says
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.
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.
