A seller's residential property was constructed in 1965. Which statement correctly describes the applicability of federal lead-based paint disclosure requirements to this transaction?
Correct Answer
A) Federal disclosure requirements apply because the home was built before 1978.
Under the Residential Lead-Based Paint Hazard Reduction Act (42 U.S.C. § 4852d) and EPA/HUD regulations (40 CFR Part 745), federal lead-based paint disclosure obligations apply to the sale or lease of 'target housing,' defined as most residential dwellings built before January 1, 1978. A home built in 1965 falls within this definition, triggering the seller's duty to disclose known lead-based paint, provide the EPA pamphlet, and afford the buyer an inspection opportunity.
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