Working With a Pre-1978 Home? Know the Lead-Based Paint Requirements
Lead-based paint requirements can add important steps to a transaction involving an older home. OREF 018 – Advisory Regarding Lead-Based Paint helps educate buyers and sellers about those requirements and their rights and responsibilities.
In our latest Featured Form video, we break down the required disclosure activities, important timing considerations and exemptions, and how OREF 018 works alongside OREF 021 – Lead-Based Paint Disclosure Addendum.
Watch the video and be better prepared for your next pre-1978 transaction.
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Always check with your principal broker or legal counsel to ensure that you are following any policy requirements of your brokerage. 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.
