Agent Sarah is representing a buyer interested in a 1920s home in historic Savannah. The seller mentions the house was renovated in 1995 but provides no documentation about lead-based paint. Under federal law, what must Sarah ensure happens before closing?
Correct Answer
B) Provide the EPA lead disclosure pamphlet and allow 10-day inspection period
Federal law requires disclosure of known lead-based paint hazards and provision of EPA pamphlet for pre-1978 housing, plus 10-day inspection opportunity. A is incorrect - inspection is buyer's choice, not required. C is incorrect - remediation is not mandatory. D is incorrect - renovation documentation doesn't eliminate disclosure requirements.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Fair housing laws apply to a broad range of activities related to housing, including sale, rental, financing, and advertising.
A seller's disclosure statement is a form that sellers complete to inform buyers about the condition and history of the property, including known defects, past repairs, insurance claims, and environmental issues.
Many states and localities have fair housing laws that expand upon the protections offered by the federal Fair Housing Act.
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