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Rhode Island Lead Based Paint Disclosure for Sales Transaction

Paint Disclosure Form

Name: Rhode Island Lead Based Paint Disclosure for Sales Transaction
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.66 (410 reviews)

Category:

Rhode Island Real Estate - Home Sale

State:

Rhode Island

Control #:

RI-LEAD1

Format:

Instant download

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Description Lead Based Paint Disclosure

This Lead-Based Paint Disclosure statement is required by Federal Law when selling residential housing built prior to 1978. If the home was constructed PRIOR TO 1978, this form is REQUIRED to be completed and signed by the seller and buyer. If the 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 seller must also give the buyer the EPA pamphlet discussed below.

Agreement or Contract for Deed for Sale and Purchase of Real Estate a/k/a Land or Executory Contract

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Buyer's Request for Accounting from Seller under Contract for Deed

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Contract for Deed Seller's Annual Accounting Statement

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Assignment of Contract for Deed by Seller

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Notice of Assignment of Contract for Deed

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Residential Real Estate Sales Disclosure Statement

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Quitclaim Deed from Corporation to Individual

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Louisiana Property Management Package

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Lead Based Paint Disclosure Form Other Form Names

Ri Disclosure Document Ri Disclosure Transaction Rhode Island Paint Disclosure Lead Based Form Paint Disclosure Sales Ri Paint Disclosure Ri Disclosure Complete

Ri Disclosure Paper FAQ

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.

Lead-Based Paint Disclosure Exemptions Dwelling units with no bedrooms, such as a studio apartment. Dwelling units that are leased for 100 days or fewer, such as short-term rentals. Housing specifically designated for the elderly, provided children do not also reside on the premises.

The Department of Housing and Urban Development (HUD) provides the lead paint hazard pamphlet in several languages. They also provide the Lead Warning Statement in both Spanish and English. To disclose the presence of lead, give prospective tenants any records about the inspection for or discovery of lead paint.

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. Real estate agents must:Sample Seller's Disclosure of Information (PDF) in English (PDF) and in Spanish (PDF).

Sellers must disclose in writing any information about known lead paint in the home. If sellers have performed lead tests, they must share the test results. Sales contracts must give buyers up to 10 days to check for lead hazards.

Congress passed the Residential Lead-Based Paint Hazard Reduction Act of 1992 to protect families from exposure to lead from paint, dust, and soil. HUD and EPA require the disclosure of any known information on lead-based paint and lead-based paint hazards before the sale or lease of most housing built before 1978.

Correct Before the purchaser or lessee is obligated under a contract for sale or lease. Purchasers or lessees must receive the lead-based paint disclosures before they become obligated under a contract for sale or lease, which generally occurs when the contract or lease is signed.

If You Have Lead-Based Paint in Your Home The purpose of the disclosure is to alert a buyer or tenant to potential lead-based paint dangers in their future home. Once disclosure has been made, the parties are free to negotiate the costs of lead reduction or removal, if desired.

Renters. Federal law requires that before signing a lease for target housing, including most buildings built before 1978, renters must receive the following from your landlord: An EPA-approved information pamphlet on identifying and controlling lead-based paint hazards, Protect Your Family From Lead In Your Home (PDF).

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 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.

Under Title X, before signing or renewing a lease or rental agreement, a landlord must disclose any known lead-based paint or hazards on the property. Both the landlord and tenant must sign an EPA-approved disclosure form to prove that the landlord told the tenants about any known lead on the premises.

Paint Disclosure Form

Description Lead Based Paint Disclosure

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Lead Based Paint Disclosure Form Other Form Names

Ri Disclosure Paper FAQ

What does a lead paint disclosure mean?

Who is exempt from lead based paint disclosure?

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

Who provides the Lead Based Paint Disclosure?

Do you have to disclose lead paint?

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

What is the lead disclosure rule?

What are the circumstances where a lead based paint disclosure is required?

What is a lead based paint disclosure used for?

Who must Signs Lead Based Paint Disclosure?

Is a lead based paint disclosure required?

Can I sell a house with lead paint?

Who signs the Lead Paint Disclosure?

Do landlords have to disclose lead paint?

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