Federal law requires sellers to disclose known lead-based paint hazards for homes built before what year?
Correct Answer
C) 1978
Under the federal Residential Lead-Based Paint Hazard Reduction Act (42 U.S.C. §4852d), sellers and landlords must disclose known lead-based paint hazards in housing built before 1978, when residential use of lead-based paint was banned in the United States.
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Related Concepts
Environmental hazards disclosure involves informing buyers about environmental contamination or hazards affecting or potentially affecting a property, including underground storage tanks, contaminated soil, hazardous waste, and proximity to Superfund sites.
Flood zone disclosure requires informing buyers whether a property is located in a designated flood zone as mapped by FEMA. Properties in high-risk flood zones may require mandatory flood insurance.
HOA disclosure requires informing buyers about the existence, rules, fees, financial health, and restrictions of a homeowners association governing the property. This information helps buyers understand their obligations before purchase.
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