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Why Are There Two Places for the Buyer’s Initials on OREF 021 – Lead-Based Paint Disclosure?

Q: Why does OREF 021 – Lead Based Paint Disclosure Addendum have another buyer initial area on page 1 in Section 4 on the right side of the page?

A: The initial lines in Section 4 (lines 38–39) of OREF 021 – Lead Based Paint Disclosure Addendum are required by the EPA and serve as a follow-up acknowledgment. They are used only if the buyer initialed line 36, indicating they had not yet received the Lead-Based Paint documents when they signed the addendum. After those documents are delivered, the buyer initials lines 38–39 to confirm receipt and document the date they were provided.

All comments and responses from OREF or its staff, managers, and volunteers are non-legal opinions made for general purposes. Each Forms subscriber must rely solely upon their Principal broker or personal legal counsel for specific advice and instruction. You and your client should independently confirm that the Form(s) you use are legally suitable for the purposes intended and that they are current with respect to all laws and regulations.