Lead Paint Disclosure Statement
PDF and
Word
A lead paint disclosure form is a useful template that informs tenants and buyers about potential lead hazards of a residential property.
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What is a lead-based paint disclosure form?
A lead paint disclosure statement is a mandatory legal document that informs tenants or buyers if a residential property contains lead-based paint. Having a lead paint based disclosure template is a mandatory compliance requirement provided by the federal law.
A standard lead pain based disclosure sample includes:
- full name of a landlord (or a property manager) and a tenant;
- details of a property’s location, including the name of a state;
- disclosure of any known lead hazards (when applicable);
- records or reports about lead-based paint (when applicable) and
- both parties’ signatures.
The lead paint disclosure statement applies only in the case of a sale-purchase or rent for a residential property that was built before 1978. This template would be a helpful tool for landlords, home sellers, property managers, or real estate agents throughout the U.S.
In case you plan to rent out or sell the commercial property, you do not need this document.
How to draft a lead paint disclosure form for tenants?
A solid lead paint disclosure form must include the information below:
- Detailed description of a property. A well-drafted lead paint disclosure form must define the full address of a rented or purchased property.
- Disclosure statement. The text of a statement must clearly define if the property in question has or does not have lead-based paint-related hazards. It is important to keep the wording clear and precise. If a property does have lead-based paint, a property owner must disclose the exact examples of hazard. Apart from that, it is recommended to enclose all available records, compliance certificates, or property inspections related to the lead-paint based hazard.
- Tenant’s acknowledgment. It is a federal requirement that a property owner must supply a tenant or a future buyer with a federally approved pamphlet describing the risks of lead-based paint in residential buildings.
- Parties’ signatures. Once the lead paint based disclosure sample is ready, both parties should sign it. If a property owner is represented by a property manager, in that case the manager must put their signature.
How to customize a lead paint disclosure form at FasterDraft?
To get a fully customized legal document template, follow the instructions below:
- Click the “Create Document” button.
- Answer simple questions in the form.
- Select a template’s format—lead paint disclosure PDF or Word.
- Make a payment.
- E-sign, download, and use the template instantly.
Table of content
Frequently Asked Questions (FAQ)
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1. Do I need a lead paint disclosure statement for short-term rentals?
No, the federal law governing the disclosure of lead paint hazards does not apply for:
- short-term rental (provided the duration does not exceed 100 days);
- vacation homes; and
- retirement homes.
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2. Do I need to provide a lead paint disclosure for rental properties built after 1978?
No, according to the Residential Lead-Based Paint Hazard Reduction Act of 1992, the landlords and property owners must provide a lead paint disclosure statement only for houses, homes, and apartments built before 1978.
A house, home, or any other residential premises built after 1978 does not require submission of this statement.
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3. Can I use a digital template for my lead paint disclosure?
Yes, you can use a digital lead paint based disclosure form at FasterDraft to generate a customized disclosure statement. A digital form will automatically become valid once it is signed by a landlord and a tenant.
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4. What are the penalties for failing to provide a lead paint disclosure statement?
The federal law provides an extensive list of legal consequences for property owners who fail to disclose a lead paint hazard to their tenants. Those penalties may include:
– immediate termination of the lease by a tenant;
– invalidation of a residential lease agreement by a court;
– imposition of administrative fines by local authorities; or
– civil suits initiated by tenants aimed to get medical compensation, recovery fees, etc.
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