Tom is selling his 1979 house in Rochester, New York. His real estate agent tells him he needs to provide lead-based paint disclosure. Is the agent correct?
Correct Answer
A) No, because the home was built in 1979, after the federal cutoff date
The agent is incorrect. Federal law, which New York follows, requires lead-based paint disclosure only for homes built before 1978. A home built in 1979 is not subject to these disclosure requirements.
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Related Topics & Key Terms
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Related Concepts
Mold disclosure involves informing buyers about the presence of mold or conditions that are conducive to mold growth in a property. While no federal mold disclosure law exists, many states require disclosure of known mold issues.
A property condition disclosure is a written statement by the seller detailing the known condition of the property, including defects, repairs, and issues with major systems. Most states require sellers to complete this form.
Protected classes are groups of people who are legally shielded from discrimination based on specific characteristics.
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Previous Question
A New York seller of a home built in 1974 completes the federal lead-based paint disclosure form indicating no knowledge of lead-based paint or lead-based paint hazards. Before closing, the buyer learns the seller scraped and repainted exterior trim last summer but did not test the paint. Under the federal Residential Lead-Based Paint Hazard Reduction Act (24 CFR Part 35) as applied in New York, what is the seller required to disclose?
Next Question
A buyer in New York is purchasing a 1975 condominium. The seller provides proper lead-based paint disclosure. The buyer waives the inspection period but later discovers lead paint during renovation. Can the buyer take legal action against the seller under New York law?