Lead based paint disclosure is required to be given to every Purchaser of any interest in residential dwelling built before 1978 including all HUD homes.
This lead based paint disclosure is given on "Lead-Based Paint Disclosure Addendum" form required to be sign by both the Seller and the Buyer. The Seller states if he has any knowledge of any lead based paint or any existing reports.
The Buyer has a 15-day opportunity to conduct a lead based paint disclosure inspection for the presence of lead based paint and or lead based hazards. The risk assessment tells you if your home currently has any lead hazards from lead in paint, dust, or soil. It also tells you what actions to take to address any hazards.
Many homes built before 1978 have lead based paint. The federal government banned lead based paint from housing in 1978 but some states stopped its use even earlier.
Lead based paint is usually not a hazard if it is in good condition, and it is not on an impact or friction surface, like a window.
Leasd based paint is defined by the federal governemnt as paint with lead levels greater than or equal to 1.0 millgram per square centimeter, or more than 0.5% by weight.