Thursday, August 24, 2017

Important things about "The Lead Disclosure Rule"

Lead is considered a toxic metal which can be found in the Earth's outside layer. It is a harmful substance causing severe environmental damages and human health problems. Lead is dangerous especially to young children and have permanent effects on different organs and systems of the body.
When lead goes into the body, it is dispensed to the brain, bones, kidney and liver. When there is lead build-up in the body, "it is stored in the teeth and bones". To determine human exposure to this substance, a blood examination is required.

Years before 1978, houses in the US have been contaminated with lead-based paints making the dwellings hazardous and in 1992, The US Congress approved the "Residential Lead-Based Paint Hazard Act of 1992" or known as Title X.

This law is aimed to save and prevent families from getting contaminted from paint, dust and soil.
Before buying or renting a property, you need to make sure that you know what you're getting into that's why this act was made.

Here are some of the things you need to be aware of.

Knowing Your Rights

Before the year 1978, many properties were built using lead-based paint. If the paint has some serious cracks or at the point of getting worse, it is a serious health threat to the occupants of the property. As a buyer, you have the right to know whether or not lead is present before you sign a contract or lease.

As A Homebuyer

If you are a buyer, the homeseller must give you the following before you seal the deal;
"An EPA-approved information pamphlet on identifying and controlling lead-based paint hazards titled Protect Your Family From Lead In Your Home (PDF)."

A detailed presentation stating that lead-based paint was used in the property you are buying.
Records and reports regarding lead-based paint must be given for multi-unit properties.
Confirmation that the seller fulfilled all the "notification requirements" which include "Lead Warning Statement" must be presented.

As A Tenant

You must receive all of the above before entering into a deal with the landlord.
You must be properly notified and well-informed that lead-based paint was used in the property you are going to rent.

You must take into consideration and examine al facts regarding lead-based paint especially if you have kids before deciding to rent the property.

*Both landlord, homeseller, renter or buyer plays an important role in protecting each other against lead-based paint. If there is a doubt that the paint used in the property is lead-based, it is important to have it tested and that the homeseller or landlord notifies potential clients. As a parent or anyone who have kids to think about, you need to look things through before entering into a negotiation that's why "Residential Lead-Based Paint Hazard Act of 1992" was made. It was made to protect would-be homeowners and renters.

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