Question

The obligation of real estate professionals in transactions involving properties built before 1978, which therefore might have lead-based paint, is to

A) give buyers an EPA booklet and have them sign the disclosure.
B) make sure all parties are in compliance with the law.
C) make sure sellers inspect the property and remove all lead-based paint.
D) give buyers the disclosure.

Answer 1

The obligation of real estate professionals in transactions involving properties built before 1978 is to give buyers an EPA booklet and have them sign the disclosure.

Step-by-step explanation:

The correct answer is A) give buyers an EPA booklet and have them sign the disclosure.

In transactions involving properties built before 1978 that might have lead-based paint, real estate professionals are obligated to provide buyers with an EPA booklet about the hazards of lead-based paint. The buyers should also be asked to sign a disclosure indicating that they have received this information.

This is important because lead-based paint can be harmful, especially to children, if it deteriorates or is disturbed during renovations.