Agenda - Council - 09/08/1998 - Laserfiche WebLink

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LEAD-BASED PAINT ADDENDUM TO SALES CONTRACT - PROPERTY BUILT BEFORE 1978 FHA CASE NO. PROPERTY ADDRESS: NOTE TO PURCHASERS, REAL ESTATE BROKERS AND AGENTS. This Addendum is mandatory for any property built before 1978 and consists of four parts. Part A, Disclosure of Informatk~ on Lead-Based Pain~ and/or Lead-Based Paint Hazards, Part B, Sa/es Co~tract Lead- Based Paint Evaiuatk~ Con6ngency, Part C, Owner-Occupant Cer~..ab~, and Part D, Purchaser's Addendum to the Sales ~ . Release of Lead-Based Paint EvaiuaC~)n Cor~#ngency. All parts must be completed as shown. This Lead-Based Paint Addendum must be completed on or before the date of the Sales Contract, and forwarded to HUDwfth the Sales Contract for any property built before 1978. Sales Contracts without this Addendum will not be accepted by HUD. This Addendum survives the closing of the sale. PART A DI$£LO$I/RE OF IEFO£MA TIOE ON LFAD.SA$£D PA/ET AE~IOI~ LEA~.BASEE PA/ET/YAZAE~S LEAD WARNING STATEMENT. £wry purchaser of any interest in residential rea/property on which a reEdenEa/ dwed/ing was bu~Tt prior to !978 is notified that such property may present exposure to/ead from icad. based paint that/r/ay p/ace young children at/fsk of deve/oping /ead poisoning. Lead po/~n/ng in young children may produce permanent neurological damage, including learning d/seb/?/#~, reduced intel//'~ence quot/~nt, behevr'ora/ prob/e/~, and impaired memory. Lead poisen/ng a/so poses a particular risk to pregnant women. The se//er of any interest in re. Edentia/ rea/ property is required to provide the buyer with any information on/earl, based paint hazards from risk asse~mants or inspections in the se//er'$ po.~tw,~'on and notify the buyer of any known icad. based paint i~ezards. A ~isk a~e~rnent or inspection for po~$ib/e /eed. based paint hazards i~ recommended prior to purchase. SELLER'S DISCLOSURE A. Presence of lead-based paint and/or lead-based paint hazards (c~eck ene 1. I-I Known lead-based paint and/or lead-based paint hazards are present in the property 2. ~ has no actual knowledge of lead-based paint and/or lead-based paint hazards in the property. Records and reports available to the seller (check one bevy) 1'. [] Seller has provided the purchaser with all available records and reports pertaining to lead-based paint and/or lead-based paint hazards in the property (asr documents be~w). 2. 4~Seller has no reports or records pertaining to lead-based paint and/or lead-based paint hazards in the property. PURCHASER'S ACKNOWLEDGEMENT (in~ c, D, and E, checking ~ern 1 or 2) C. Purchaser has received copies of all information listed above or noted the absence of such information. D. Purchaser has received the pamphlet Protect Your Family f/om £ead i# Your Home. E. Purchaser has (check one bek~v): 1. [] Requested a 10 day opportunity to conduct a dsk assessment or inspection for the presence of lead-baseR paint and/or lead-based paint hazards; or 2. [] Waived the opportunity to conduct a risk assessment o~ inspection for the presence of lead-based paint and/or lead-based paint hazards. BROKER/AGENT ACKNOWLEDGEMENT ~ F. ~//3,. Broker/agent has informed the seller of the seller's obligations under 42 U.S.C. 4852d and is aware of his/her responsibility to ensure compliance. 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. Seller Date Purchaser Date Broker/Agent Date Purchaser Date 9/96