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Mandated DisclosuresLead_paint_gaHARD

A listing agent in Georgia is handling the sale of a pre-1978 townhome. The seller asks whether the agent has any responsibility regarding lead-based paint disclosure or whether that obligation falls solely on the seller. Which statement is correct?

Correct Answer

A) Agents are responsible for ensuring the federally required lead-based paint disclosure form is completed, though this obligation arises from federal law rather than a Georgia-specific statute.

Under the Residential Lead-Based Paint Hazard Reduction Act (42 U.S.C. § 4852d) and EPA/HUD regulations (24 CFR Part 35, 40 CFR Part 745), agents involved in the sale of pre-1978 housing have an independent legal duty to ensure that sellers comply with lead-based paint disclosure requirements. Agents can face penalties for noncompliance even if the seller is primarily responsible for the disclosure content. This is a federal requirement applied in Georgia transactions, not a Georgia-specific statute.

Answer Options
A
Agents are responsible for ensuring the federally required lead-based paint disclosure form is completed, though this obligation arises from federal law rather than a Georgia-specific statute.
B
Only the seller bears responsibility for lead-based paint disclosure; agents have no compliance role in ensuring the form is completed.
C
Lead-based paint disclosure requirements apply only to sales transactions and do not extend to leases of pre-1978 residential property.
D
Buyers are entitled to a 30-day inspection period for lead-based paint hazards under the standard federal disclosure rule.

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Related Topics & Key Terms

Key Terms:

georgiastate_portionlead_paint_gaga_disclosures

Related Concepts

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