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.
Virginia Lead Based Paint Disclosure for Sales Transaction
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Description Lead Based Paint Disclosure Form
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Lead Based Paint Disclosure Virginia Form popularity
Va Disclosure Other Form Names
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Paint Disclosure Sales
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Lead Based Paint Disclosure Pdf
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Paint Disclosure Form
Virginia Lead Based Paint Form
Virginia Lead Based Paint Disclosure Pdf FAQ
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.
Most homes built before 1978 contain lead paint. If people didn't buy homes with lead paint in them, no one with an older home would be able to sell it.
The VA requires that appraisers assume that a defective paint condition2026of properties built prior to 1978 involves lead-based paint. If defective paint is discovered on a pre-1978 home, appraisers must recommend on the appraisal report that corrective action be taken.
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.