This subpart implements the provisions of 42 U.S.C. 4852d, which impose certain requirements on the sale or lease of target housing. Under this subpart, a seller or lessor of target housing shall disclose to the purchaser or lessee the presence of any known lead-based paint and/or lead-based paint hazards; provide available records and reports; provide the purchaser or lessee with a lead hazard information pamphlet; give purchasers a 10-day opportunity to conduct a risk assessment or inspection; and attach specific disclosure and warning language to the sales or leasing contract before the purchaser or lessee is obligated under a contract to purchase or lease target housing.
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40 CFR 745.100 : Protection Of Environment (§ 1.1 To Parts 1851-1899) — (Subpart A To Parts 767-789) — Environmental Protection Agency (Continued) (Subpart A To Parts 767-789) — Toxic Substances Control Act (Subpart A To Parts 767-789) — Lead-Based Paint Poisoning Prevention In Certain Residential Structures (Subparts A-C To § 745.339) — Disclosure Of Known Lead-Based Paint And/Or Lead-Based Paint Hazards Upon Sale Or Lease Of Residential Property (§ 745.100 To § 745.119) — Purpose.
4 Aug 2016