Lisa is purchasing a 1977 cooperative apartment in Manhattan. The co-op board mentions they had lead-safe work practices followed during hallway renovations last year. What disclosure obligation exists regarding this renovation work?
Correct Answer
C) The seller must disclose the renovation work as it occurred in the building
Under New York's implementation of federal lead disclosure requirements, sellers must disclose known lead-based paint activities in the building, including common area renovations that may have involved lead-based paint, as this information is material to the buyer's assessment of lead hazards.
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Previous Question
A New York real estate agent discovers that their seller client failed to disclose known lead-based paint hazards in a 1969 home. The buyer has already signed the contract but has not yet conducted their lead inspection. What is the agent's primary legal obligation?
Next Question
A New York buyer receives lead-based paint disclosure for a 1973 home and signs the acknowledgment. Three days later, the buyer requests to conduct a lead inspection. The seller objects, claiming the 10-day period started when the disclosure was first provided, not when it was signed. Who is correct under New York law?