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Oh Disclosure RequirementsLead_paint_ohEASY

An Ohio real estate agent is representing a buyer in the purchase of a home built in 1960. The listing agent did not include a lead paint disclosure addendum with the listing paperwork. Under Ohio practice, what should the buyer's agent do?

Correct Answer

C) Request the lead paint disclosure addendum before the buyer signs the purchase agreement

The buyer's agent should request the lead paint disclosure addendum before the purchase agreement is signed. Federal law requires this disclosure for all pre-1978 residential properties, and the buyer's agent has an obligation to protect the buyer's interests by ensuring compliance.

Answer Options
A
Proceed without the disclosure since the listing agent did not provide it
B
File a complaint with the Ohio Division of Real Estate immediately
C
Request the lead paint disclosure addendum before the buyer signs the purchase agreement
D
Have the buyer sign a waiver of lead paint disclosure to expedite the transaction

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Related Topics & Key Terms

Key Terms:

missing_disclosurebuyer_agent_dutycompliance_requestohio_disclosures
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