Thursday, December 19, 2013

Lead-Based Paint Exhibit

Lead-Based Paint Exhibit:   You MUST include a Lead-Based Paint Exhibit in your contract if the house was built prior to 1978. Consider, however, including this exhibit in ALL of your contracts regardless of the date the house was built. Maximum One is considering this as a policy as well. In 2012, Coldwell Banker LOST a lawsuit to the tune of $1.5 million because the Seller had placed an antique mantle over the fireplace which contained lead-based paint & there was NO EPA disclosure as part of the contract!