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Sellers, landlords, and real estate agents are required to include a ______ in the contract or lease if the real estate was built prior to 1978.

Sagot :

Sellers, landlords, and real estate agents are required to include a "Lead Warning Statement" in the contract or lease if the real estate was built prior to 1978.

What was Lead Warning Statement?

Lessors must declare the existence of known lead-based paint and/or lead-based paint dangers in a home before renting out a pre-1978 property.

Reason for banning lead-based paints was-

  • If not handled appropriately, lead from paint, paint chips, and dust can pose health risks.
  • Young children and expectant mothers are particularly vulnerable to the effects of lead exposure.

The disclosure's goal is to make a buyer or tenant aware of any potential risks associated with lead-based paint in their future property.

To know more about the toxicity of lead-based paint, here

https://brainly.com/question/15381499

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