Under federal lead-based paint disclosure requirements as applied in Ohio, certain property transfers are exempt from lead paint disclosure. All of the following transfers are exempt EXCEPT:
Correct Answer
C) The sale of a pre-1978 single-family home by the owner to a private buyer
The sale of a pre-1978 single-family home by the owner to a private buyer is NOT exempt — it is exactly the type of transaction that REQUIRES lead-based paint disclosure. This is the core transaction the law is designed to cover.
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More Oh Disclosure Requirements Questions
An Ohio property is in a township that has recently enacted a point-of-sale inspection requirement for residential property transfers. The seller was not aware of this new requirement. Under Ohio practice, whose responsibility is it to ensure compliance with local point-of-sale requirements?
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- → Tom, an Ohio seller, asks whether he must disclose that the property has a sump pump in the basement. Under Ohio disclosure practice, which statement is correct?
- → Kevin, an Ohio first-time seller, asks whether he must disclose that his property is connected to the municipal sewer system. Under Ohio disclosure practice, which statement is correct?
- → Nancy, an Ohio buyer, is purchasing a property and asks about environmental assessments. Her agent explains the different phases. Under Ohio environmental practice, what is the purpose of a Phase I Environmental Site Assessment?
- → Sara, an Ohio buyer, asks her agent whether she should conduct an environmental assessment before purchasing a residential property in a suburban neighborhood. Under Ohio practice, when is an environmental assessment typically recommended?
- → Lisa, an Ohio seller, discovers that her property's drinking water has high iron content, causing staining of fixtures. The water is safe to drink but cosmetically unpleasant. Under Ohio disclosure law, must Lisa disclose this?
- → Christine, an Ohio seller, knows her property contains asbestos floor tiles in the basement. The tiles are in good condition and undamaged. Under Ohio disclosure law, must Christine disclose the asbestos?
- → Emily, an Ohio buyer, is purchasing a property near a former landfill. She asks her agent about potential environmental concerns. Under Ohio practice, what should the agent advise?
- → Roger, an Ohio seller, asks his agent whether mold is considered an environmental hazard that must be disclosed. Under Ohio disclosure practice, which statement is correct?
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Previous Question
Jason, an Ohio buyer, is purchasing a home built in 1972. His purchase agreement includes the lead-based paint disclosure addendum. Under federal law, how long does Jason have to conduct a lead inspection?
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Kelly, an Ohio listing agent, is listing a home built in 1968. The seller tells Kelly that the home was painted with lead paint when it was built. Under Ohio law, what are Kelly's disclosure obligations?
