Under federal law, buyers of pre-1978 homes must be given how many days to conduct a lead-based paint inspection, and can this period be waived?
Correct Answer
B) Buyers must be given 10 days to conduct an inspection, but the buyer may waive this right in writing
Under the federal Residential Lead-Based Paint Hazard Reduction Act, buyers of pre-1978 homes must be given a 10-day opportunity to conduct a lead-based paint inspection or risk assessment at their own expense. The buyer may waive this right in writing if they choose to do so.
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