What disclosures are required for lead-based paint in properties built before 1978?

For properties built before 1978, the correct approach to lead-based paint disclosure is that sellers must provide a lead-based paint disclosure form and a pamphlet to potential buyers. This requirement stems from the federal regulations established under the Residential Lead-Based Paint Hazard Reduction Act of 1992, which aims to inform buyers about the risks associated with lead-based paint, especially for homes where young children are present.

The lead-based paint disclosure form essentially highlights any known presence of lead-based paint or potential hazards within the property, ensuring buyers are fully informed before making a purchase decision. Additionally, the pamphlet is designed to educate buyers about the dangers of lead exposure and ways to mitigate risks.

By fulfilling these obligations, sellers are both complying with the law and protecting buyers from potential health hazards posed by lead, thereby promoting a safer and better-informed real estate transaction. Other options either misinterpret the necessary disclosures for lead-based paint or may address unrelated aspects of property transactions.