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Real Estate · Property Disclosures

Under federal law, what must be disclosed about lead-based paint when selling a home?

Reviewed by Jordan Morley, Editorial Lead at 247SimpleTests. Written by the 247SimpleTests Editorial Team from the official source material cited on every question.

Correct answer

For housing built before 1978, sellers must disclose known lead-based paint and hazards, provide an EPA pamphlet, and give buyers a 10-day opportunity to test

  1. A For housing built before 1978, sellers must disclose known lead-based paint and hazards, provide an EPA pamphlet, and give buyers a 10-day opportunity to test
  2. B Disclosure is required only for rentals
  3. C Nothing, lead paint is never disclosed
  4. D Only homes built after 2000 require disclosure

Why this is the answer

The federal Residential Lead-Based Paint Hazard Reduction Act requires that for most housing built before 1978, sellers and landlords disclose any known lead-based paint and lead hazards, provide buyers or tenants with the EPA pamphlet on lead, include a lead warning statement in the contract, and give purchasers a 10-day period (which can be changed by mutual agreement) to conduct a lead inspection or risk assessment. The 1978 cutoff reflects the year residential lead paint was banned. Agents must ensure these disclosures are made. This is a frequently tested federal disclosure requirement on the national portion.
Source: Real Estate Principles, Lead Paint Disclosure

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About this topic: Property Disclosures

Lead paint disclosure (pre-1978 homes), known material defects, fair housing protected classes — getting these wrong creates legal exposure for the agent. This is one of 4 Salesperson (National) questions on property disclosures, each with a full explanation on a single study page.

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