medium · National Real Estate Exam disclosures

Under the federal lead disclosure regime, what is the agent's correct obligation regarding this newly surfaced information?

1. No further action is required because the lead disclosure and pamphlet were already properly delivered and the 10-day inspection period was fully satisfied before this new information arose.
2. The seller's knowledge of newly identified peeling paint is a known lead-based-paint hazard that must be disclosed, requiring the disclosure to be supplemented before the buyer becomes obligated at closing.
3. The agent need only note the peeling paint informally in an inspection report, since the federal lead rule governs solely records and reports already in the seller's possession at the time of listing.
4. The new information need be disclosed only once a certified risk assessor confirms lab-tested lead content, since unconfirmed peeling paint alone is not treated as a legally 'known' hazard.

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