Overview
In this informative video, we delve into the crucial topic of Lead-Based Paint Disclosure, covering five key points that every landlord and tenant should be aware of.
- Overview of Title X: First, we provide an overview of Title X, a pivotal regulation established by the EPA and HUD to safeguard residents from lead paint exposure in homes built before 1978. We highlight the importance of this regulation in protecting both tenants and landlords.
- Why You Need a Lead-Based Paint Disclosure: Next, we explain why the Lead-Based Paint Disclosure is not just a legal requirement for landlords but a vital protection mechanism. With many homes still containing lead paint dust and residue, exposure can be particularly dangerous, especially for children. We delve into the potential health issues associated with lead paint exposure, including delayed development, abdominal problems, difficulty concentrating, and more.
- 5 Lead-Based Paint Disclosure Exemptions: We outline five exemptions that may apply to certain properties, such as homes built after 1978 or residences cleared of lead paint by a property inspector. Short-term rentals, homes with no bedrooms (like studios), and senior housing without children currently in residence also fall under these exemptions.
- 5 Lead-Based Paint Disclosure Requirements for Landlords: For landlords, we detail the essential requirements for compliance, including attaching the lead-based paint disclosure form to the lease, maintaining records of past inspections, providing government-created lead paint resources to tenants, retaining proper documentation for three years, and being prepared to pay fines if regulations are not met.
- What Tenants Need to Know: Lastly, we inform tenants of their rights and what they should expect from their landlords. This includes receiving information about the presence of lead-based paint or hazards in the property, receiving the necessary disclosure attachments, and being provided with an EPA-approved information pamphlet.