Under the federal lead-based paint disclosure rule, how many days does a buyer generally have to conduct a lead risk assessment or inspection?
Correct Answer
A) 10 days, which the parties may waive or modify by mutual agreement
Under 42 U.S.C. § 4852d and its implementing regulations (40 CFR Part 745), buyers of target housing must be given a 10-day opportunity to conduct a lead-based paint risk assessment or inspection before becoming obligated under the contract. The parties may mutually agree in writing to waive or modify this period.
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