Radon Disclosure
Definition
Radon disclosure involves informing buyers about the presence or potential presence of radon gas in a property. Radon is a naturally occurring radioactive gas that can accumulate in buildings and is the second leading cause of lung cancer.
Example
A home inspection reveals radon levels of 6 pCi/L in the basement, above the EPA action level of 4 pCi/L. The buyer requests a radon mitigation system as a condition of the purchase. The seller installs a sub-slab depressurization system for $1,500, reducing radon levels to 1.2 pCi/L.
Exam Tip
Know that the EPA action level for radon is 4 pCi/L. Radon is a naturally occurring gas, not a man-made pollutant. It is the second leading cause of lung cancer (after smoking). Sellers must disclose known radon test results in most states. Radon is MITIGABLE—it can be reduced to safe levels.
Related Disclosures Terms
Scope of Fair Housing Laws
Fair housing laws apply to a broad range of activities related to housing, including sale, rental, financing, and advertising.
Protected Classes
Protected classes are groups of people who are legally shielded from discrimination based on specific characteristics.
Consequences of Fair Housing Violations
Violating fair housing laws can lead to significant penalties, including fines, civil liability, and professional discipline.
State and Local Fair Housing Laws
Many states and localities have fair housing laws that expand upon the protections offered by the federal Fair Housing Act.
Lead-Based Paint Disclosure
The Lead-Based Paint Disclosure is a federally mandated disclosure required for all residential properties built before 1978. Sellers and landlords must disclose known lead-based paint hazards and provide the EPA pamphlet "Protect Your Family From Lead in Your Home."
Property Condition Disclosure
A property condition disclosure is a written statement by the seller detailing the known condition of the property, including defects, repairs, and issues with major systems. Most states require sellers to complete this form.
Frequently Asked Questions
Test Your Disclosures Knowledge
Practice with exam-style questions to make sure you can apply Radon Disclosure and other disclosures concepts.