Which lead-paint form do you use?
04/29/2015 | Author: Editorial Staff
I'm confused. There are two different lead-based-paint forms available to Texas REALTORS®. Which form is the appropriate form to use?
It depends on whether you have a sales transaction or a lease transaction.
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 form titled Addendum Regarding Lead-Based Paint (TAR 2008) is a TAR form that complies with federal law. Texas REALTORS® should use this form when the TAR Residential Lease form is used for residential property built before 1978. This form is for lease transactions only.
Read more legal FAQs at texasrealestate.com.
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