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?
Correct Answer
D) The seller is correct; the 10-day period begins when disclosure is provided
Under federal law adopted by New York, the 10-day inspection period begins when the buyer receives the lead-based paint disclosure, not when they sign the acknowledgment. The buyer's signature confirms receipt but does not restart the clock.
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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?
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Under New York State implementation of federal lead-based paint law, all of the following statements are true EXCEPT: