6. LEAD-BASED PAINT DISCLOSURE
If your rental property was built before 1978, you must comply with the Residential Lead- Based Paint Hazard Reduction Act. This means you’re required to: • Disclose any known lead hazards. • Provide tenants with the EPA’s “Protect Your Family From Lead in Your Home” pamphlet. • Include a lead warning in the lease and obtain signed acknowledgments. Records must be retained for at least three years. There are a few exemptions, such as rentals without bedrooms or units certified as lead-free by a professional inspector. You can download a free HUD Lead Paint Disclosure and HUD Lead Poisoning Prevention Pamphlet.
7. STATE-LEVEL DISCLOSURE REQUIREMENTS
Beyond federal rules, most states require additional disclosures. These may include: • Whether the property is in a flood zone. • The location and maintenance rules for smoke detectors. • The landlord’s name and contact information. • Policies on smoking or bedbug prevention. Staying current with state and local disclosure laws is critical. Failing to provide required information can result in fines or liability during a dispute. Use AAOA’s custom lease agreement which will include all disclosures required for your rental and location.
PAGE 98
Powered by FlippingBook