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Pa Seller DisclosureLead_paint_paEASY

A seller in Pennsylvania owns a home built in 1975 and has no knowledge of whether lead-based paint is present. What must the seller indicate on the federal lead paint disclosure form?

Correct Answer

A) The seller may indicate they have no knowledge of lead-based paint in the property

The federal lead paint disclosure form allows the seller to indicate they have no knowledge of lead-based paint in the property. The seller is not required to conduct testing or make assumptions.

Answer Options
A
The seller may indicate they have no knowledge of lead-based paint in the property
B
The seller must state the home is lead-free since they have no knowledge of lead paint
C
The seller must hire a lead inspector before completing the disclosure
D
The seller must assume lead paint is present and disclose it as such

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Related Topics & Key Terms

Key Terms:

lead_paintno_knowledgedisclosure_optionsfederal_form

Related Concepts

Fair housing laws apply to a broad range of activities related to housing, including sale, rental, financing, and advertising.

A seller's disclosure statement is a form that sellers complete to inform buyers about the condition and history of the property, including known defects, past repairs, insurance claims, and environmental issues.

Many states and localities have fair housing laws that expand upon the protections offered by the federal Fair Housing Act.

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