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10721 Jackson Lane, Frisco TX 75035

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LEAD BASED PAINT DISCLOSURE (SALES)

___________________________________________________________________
Street Address                                            City            State                Zip

WARNING! LEAD FROM PAINT, DUST, AND SOIL CAN BE DANGEROUS IF NOT MANAGED PROPERLY

Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards

Lead Warning Statement

Every purchaser of any interest in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young children at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Lead poisoning also poses a particular risk to pregnant women. The Seller of any interest in residential real property is required to provide the buyer with any information on lead-based paint hazards from risk assessments or inspections in the Seller's possession and notify the buyer of any known lead-based paint hazards. A risk assessment or inspection for possible lead-based paint hazards is recommended prior to purchase.

Seller's Disclosure

(a) Presence of lead-based paint and/or lead-based paint hazards (check (i) or (ii) below):

(i)       ______ Known lead-based paint and/or lead-based paint hazards are present in the housing (explain).
__________________________________________________________________________
__________________________________________________________________________

(ii)     ______ Seller has no knowledge of lead-based paint and/or lead-based paint hazards in the housing. 

(b) Records and reports available to the seller (check (i) or (ii) below):

(i)       ______ Seller has provided the purchaser with all available records and reports pertaining to lead-based paint and/or lead-based paint hazards in the housing (list documents below).
__________________________________________________________________________
__________________________________________________________________________

(ii)     _____ Seller has no reports or records pertaining to lead-based paint and/or lead-based paint hazards in the housing.

Purchaser's Acknowledgment (initial)

(c) ______ Purchaser has received copies of all information listed above.

(d) ______ Purchaser has received the pamphlet Protect Your Family from Lead in Your Home.

(e) Purchaser has (check (i) or (ii) below):

(i)       ______ received a 10-day opportunity (or mutually agreed upon period) to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards; or

(ii)     ______ waived the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards.

Agent's Acknowledgment (initial) 

(f) ______ Agent has informed the seller of the seller' obligations under 42 U.S.C. 4852(d) and is aware of his/her responsibility to ensure compliance.

Seller Initials: ______   ______     Buyer Initials: ______   ______    Agent Initials: ______   ______

Certification of Accuracy

The following parties have reviewed the information above and certify, to the best of their knowledge, that the information they have provided is true and accurate.  Penalties for failure to comply with Federal Lead-Based Paint Disclosure Laws include treble (3 times) damages, attorney fees, costs, and a penalty up to $10,000 for each violation.

 

PURCHASER:

____________________          ____________________________________________
Date                                      [purchaser's signature above/printed name below]
 

                                             ____________________________________________
                                             [purchaser's signature above/printed name below]

SELLER:

____________________          ____________________________________________
Date                                      [seller's signature above/printed name below]


                                             ____________________________________________
                                             [seller's signature above/printed name below]

AGENT:

____________________          ____________________________________________
Date                                      [agent's signature above/printed name below]


 To Download the TREC Lead-Based Paint Addendum Please Click Here

 

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10721 Jackson Lane, Frisco TX 75035

PHONE:
214-387-0683EMAIL: info@brown-lending.com

 

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