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  1. Routine maintenance is required on properties brought into compliance in order to keep them in compliance with the law.
  2. Properties cannot really be “deleaded,” but by performing certain tasks, they can be brought into compliance with the law.
  3. A visit to the local code enforcement office will help you determine if there have been prior complaints about lead-based paint.
  4. This law applies to all Sellers, including institutions. If an agent tells you the bank won’t sign it, then they are breaking the law.
  5. The law also provides you with 10 days to have the property inspected for the presence of lead-based paint after acceptance of an offer.
  6. The Lead Paint Notice must first be signed by the Seller, and then by the Buyer. Any knowledge of lead-based paint must be disclosed.
  7. Per sate and federal law, when buying a home constructed before 1978, you must be given a Property Transfer Lead Paint Notification.
  8. When working with a Seller to sell a property, I can represent that Seller’s best interests by working as a Seller Agent.
  9. When working with a Buyer to find a new home, I can represent that Buyer’s best interests as a Buyer Agent at no additional cost.
  10. It must feel uncomfortable to have an agent ask you to sign something when you first meet him, but the law requires us to do so.
  11. No other professions require the use of an Agency Disclosure. Only real estate agents are required to provide one.
  12. The Agency Disclosure is not a contract. It is simply a disclosure stating who the agent will represent in a transaction.
  13. Agents who fail to provide you with the Agency Disclosure at the first personal meeting are violating state licensing laws.
  14. Agents must provide you with an Agency Disclosure at the first personal meeting and ask you to acknowledge that you received it.
  15. As with everything, houses require maintenance and problems and issues that are not obvious now will arise in the future.
  16. If you want to have certain guarantees made, you should consider purchasing a Home Warranty from a reputable firm.
  17. Inspectors can check for structural problems, pests, and broken or worn components and systems in a house. They cannot offer guarantees.
  18. Inspectors do not have X-RAY machines. They cannot tell you how much insulation is between the walls of a structure.
  19. Inspectors rely upon information provided by the Seller. He cannot analyze the siding and tell you how old it is.
  20. There is no perfect house. All houses have problems. You just don’t want to get stuck with a house that has a problem you cannot handle.