easy · National Real Estate Exam disclosures
A seller of a home built in 1960 is aware that lead-based paint exists on the window sills.
What is the seller's obligation regarding the paint itself?
- The seller must provide a credit to the buyer for the cost of future lead abatement.
- The seller must hire a certified professional to remove the paint before closing.
- The seller must disclose the known presence of the lead-based paint to the buyer.
- The seller must have the home tested to determine the lead levels in the dust.
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