Buyer agent Lisa's clients are purchasing a home built in 1968. The seller has disclosed lead-based paint presence and provided all required documentation. The buyers' home inspector recommends lead dust testing. Who typically pays for this specialized testing?
Correct Answer
A) Buyer pays as it's part of their due diligence inspection
Correct: A - Buyer pays as it's part of their due diligence inspection. Lead dust testing beyond basic disclosure requirements is typically buyer's responsibility as part of their inspection and due diligence process. Why not B: This option is incorrect because "Cost is split equally between buyer and seller" does not match the rule tested by the question. The correct answer is "Buyer pays as it's part of their due diligence inspection". Lead dust testing beyond basic disclosure requirements is typically buyer's responsibility as part of their inspection and due diligence process. Why not C: This option is incorrect because "Seller must pay since they disclosed lead paint presence" does not match the rule tested by the question. The correct answer is "Buyer pays as it's part of their due diligence inspection". Lead dust testing beyond basic disclosure requirements is typically buyer's responsibility as part of their inspection and due diligence process. Why not D: This option is incorrect because "Listing agent's brokerage pays to facilitate the transaction" does not match the rule tested by the question. The correct answer is "Buyer pays as it's part of their due diligence inspection". Lead dust testing beyond basic disclosure requirements is typically buyer's responsibility as part of their inspection and due diligence process.
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