Mandated DisclosuresFederal RequirementsMEDIUM
Which of the following must be disclosed under federal law in all residential real estate transactions?
Correct Answer
B) Known lead-based paint hazards in pre-1978 homes
The Residential Lead-Based Paint Hazard Reduction Act requires disclosure of known lead-based paint hazards in homes built before 1978. This is a federal requirement that applies nationwide.
Answer Options
A
Previous owners' namesB
Known lead-based paint hazards in pre-1978 homesC
The seller's purchase priceD
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