Bexar Texas Lead-Based Paint Addendum

Name: Bexar Texas Lead-Based Paint Addendum
Brand: US Legal Forms
Rating: 4.83 (433 reviews)

Category:

Texas Real Estate - Real Estate Commission

State:

Texas

County:

Bexar

Control #:

TX-1085

Format:

Instant download

Description

This detailed sample Lead-Based Paint Addendumcomplies with Texas law. Adapt the language to fit your facts and circumstances. Available in Word and Rich Text formats.

The Bexar Texas Lead-Based Paint Addendum is a legal document that is typically included in real estate transactions involving properties located in Bexar County, Texas. This addendum is designed to inform both buyers and sellers about the potential presence of lead-based paint in residential properties built before 1978, as required by federal law. Keywords: Bexar Texas, Lead-Based Paint Addendum, real estate transactions, properties, Bexar County, Texas, lead-based paint, residential properties, federal law. There are different types of Bexar Texas Lead-Based Paint Addendum that can be used depending on the specific circumstances of the real estate transaction: 1. Standard Bexar Texas Lead-Based Paint Addendum: This is the most common type of addendum used in Bexar County real estate transactions. It outlines the seller's responsibilities to disclose any known information regarding lead-based paint present in the property. 2. Seller's Disclosure of Additional Lead-Based Paint Hazards Addendum: This addendum is used when the seller has additional knowledge about lead-based paint hazards beyond what is required by the standard addendum. It allows the seller to provide supplementary information to the buyer regarding potential risks associated with lead exposure. 3. Buyer Beware Acknowledgment Addendum: This addendum is used when the buyer acknowledges that they have been informed about the potential presence of lead-based paint and assume the responsibility for any necessary inspections or remediation. 4. Lead Hazard Information Pamphlet Attachment Addendum: This addendum is attached to the Bexar Texas Lead-Based Paint Addendum and includes the required Lead Hazard Information pamphlet mandated by federal law. It provides essential information to buyers regarding lead-based paint hazards, testing procedures, and potential health effects. In conclusion, the Bexar Texas Lead-Based Paint Addendum is a crucial document in real estate transactions to ensure buyers are informed and protected regarding the potential presence of lead-based paint in properties. Different types of addenda exist to address specific circumstances and provide additional information to both buyers and sellers.

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The form titled Addendum for Seller's Disclosure of Information on Lead-Based Paint and Lead-Based Paint Hazards (TAR 1906, TREC OP-L) is a TREC form that complies with federal law. Use this form any time a TREC or TAR contract form is used in the sale of a property with a dwelling built before 1978.

The older your home, the more likely it contains lead-based paint. For example, 87% of homes built before 1940 have some lead-based paint, while 24% of homes built between 1960 and 1978 have some lead-based paint.

If your home was built before 1978, it is more likely to have lead-based paint. In 1978, the federal government banned consumer uses of lead-based paint, but some states banned it even earlier. Lead-based paint is still present in millions of homes, normally under layers of newer paint.

Section 1018 of this law directed HUD and EPA to require the disclosure of known information on lead-based paint and lead-based paint hazards before the sale or lease of most housing built before 1978.

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.

Federal law requires a property owner or seller to inform new tenants and/or buyers of known lead-based paint and lead-based paint hazards before most sales or leases. Most private housing, public housing, federally-owned housing, and housing receiving federal assistance are affected by this rule.

Lead-based paints were banned for residential use in 1978. Homes built in the U.S. before 1978 are likely to have some lead-based paint. When the paint peels and cracks, it makes lead paint chips and dust.

Housing built before 1978 carries an elevated risk for lead exposure, and housing built before 1950 has the highest risk of lead exposure. Due to a ban on lead-based paint in 1978, housing built after this year carries minimal risk.

Just like in a residential building, owners of commercial properties must also disclose the presence of lead so long as they are selling the property.

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In the event that Landlord accepts new rent from Tenant after the termination date, a month-to- month tenancy shall be created. Here are 7 things to consider!In Bexar County, Texas, and for diversity purposes, they are citizens of Texas. Bid on Auction Property 139 SAN ANGELO San Antonio Texas, 78212 for free! Report. San Antonio, TX: The Health Collaborative.

2005. San Antonio, TX: In San Antonio Texas, where the median household income of American Indians is estimated at 6,739, the poverty rate for American Indian & Alaskan Natives is of the county median (2007 Census Bureau×, the Native youth unemployment rate is, the Native-owned small businesses that employ American Indians are the low-wage service sector, the Native population on the reservation has the highest rate of unemployment in the United States (in 2006×, and the Indian health care system is considered the second-highest in the United States.

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Bexar Texas Lead-Based Paint Addendum

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