Dan, an Ohio seller, is selling a home built in 2005. His buyer's agent asks about lead-based paint disclosure. Under federal law, what is Dan's obligation?
Correct Answer
A) Dan is exempt from lead paint disclosure because the home was built after 1978
Homes built after January 1, 1978 are exempt from the federal lead-based paint disclosure requirement. Since Dan's home was built in 2005, no lead paint disclosure is required.
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Previous Question
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?
Next Question
An Ohio seller has a lead inspection report showing lead paint in several rooms of a pre-1978 home. The seller renovated those rooms and encapsulated the lead paint. Under federal disclosure law, what must the seller disclose to the buyer?