Daily Real Estate Exam Prep Question #66 - Lead Paint
Nov 30, 2022
Daily Real Estate Exam Questions Here!!!
Today our question has to do with the Residential Lead-Based Paint Hazard Reduction Act.
It's important to know the act not only for the exam but for many real estate agent purposes.
Residential Lead-Based Paint Hazard Reduction Act
Established in 1996, real estate agents must be aware of this federal law providing homes before 1978 the following: an agreement of sale/lease with lead warning statement and statement allowing prospective buyers 10 days obtain certified inspection/assessment before purchase obligation or must disclose info. about existing lead paint to purchaser AND provide purchaser federal gov't prepared lead hazard brochure.
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