When a buyer may not get a lead-based paint addendum
12/23/2015 | Author: Editorial Staff
When is a seller not required to provide the Addendum for Seller’s Disclosure of Information on Lead-Based Paint and Lead-Based Paint Hazards as Required by Federal Law to a buyer?
A seller does not have to provide the addendum in the following situations:
- Property constructed on or after Jan. 1, 1978
- Property sold at foreclosure
- A dwelling where the living area is not separated from the sleeping area (such as efficiency apartments, dormitory housing, or individual rooms)
- Housing for elderly or disabled residents where no child under six years old resides or is expected to reside.
There are also exceptions for rental properties, which you can read about in the Legal FAQs on texasrealestate.com.
The material provided here is for informational purposes only and is not intended and should not be considered as legal advice for your particular matter. You should contact your attorney to obtain advice with respect to any particular issue or problem. Applicability of the legal principles discussed in this material may differ substantially in individual situations.
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