Home Sellers Guide
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Chapter
Governmental Issues
Lead Paint Disclosure
In accordance with the law, all sellers of houses built
prior to 1978 are required to disclose the presence of lead or any other
hazardous materials that may be found in their home if the seller knows of the
existence of these hazards. Lead-based paint was outlawed for residential use in
1978. Prior to that, it was commonly used in homes because of its resiliency. As
a result, all owners of homes built prior to 1978 are required to complete a
lead disclosure statement prior to sale disclosing their knowledge or lack of
knowledge, regarding lead paint hazards.
All sellers must make available a federally generated
brochure, entitled: Protect Your Family From Lead in Your Home to all buyers.
Because most homes are sold with the assistance of a Realtor®, it is the
Realtor® who usually dispenses these brochures and provides the seller with
the necessary forms. This brochure must be made available and disclosure made
prior to the time the purchaser is obligated to purchase the house.
If your home is not listed, you may be able to obtain a copy of this
brochure from your local Realtor®, or you may obtain copies by contacting
the United States Environmental Protection Agency's (EPA) regional office at:
EPA Region 2, Building 5, 2980 Woodbridge Avenue, Edison, NJ 08837-3679, phone:
(908) 321-6671.
All sellers must make
available a federally generated brochure, entitles: "Protect Your Family
From Lead in Your Home" to all buyers.
In addition, as a seller, by law, you are required to allow
the buyer a 10-day window of opportunity within which he or she can have the
home tested for lead or other hazardous materials, at their own expense, prior
to a contract of sale. Should lead or any other potentially hazardous materials
be detected, the buyer could choose to walk away, or could even re-open the
negotiations based on these findings.
For more information on these requirements, call the
National Lead Information Clearinghouse at 1-800-424-LEAD.
Megan's Law
The tragic death of 7-year old Megan Kanka of New Jersey,
was the catalyst for new legislation pertaining to the disclosure of those
convicted of crimes against children. New York State is just one of 43 states
that now has its own version of Megan's Law. While no specific federal
guidelines exist with regard to disclosure.
New York State's Megan's Law requires the disclosure of sexual offenders if
they are currently living in "close proximity" to the home for sale.
Sellers may ultimately be required to disclose this information to any buyer who
asks. Information can be obtained by dialing 1-900-288-3838, Monday through
Friday, between 8 am and 5pm. Callers will reach the Division of Criminal
Justice Services (DCJS), who will provide information regarding those listed on
the State's Sex Offender Registry.
New York State's Megan's Law
requires the disclosure of sexual offenders if they are currently living in "close
proximity" to the home for sale.
The cost of the call is $5.00, and callers are required to
provide correct name, and either an exact street address, social security
number, birth date, or driver's license number of the person in question. As of
March 31, 1998, there were 7,128 cases on the Registry.
Fair Housing Requirements
Federal law prohibits homeowners, landlords, real estate
agents, or lenders from refusing to rent or sell to any person on the basis of
their race, religion, color, sex, national origin, handicap, or
children/familial status.
The Fair Housing Act prohibits the making, printing or
publishing of any statement, notice or advertisement in connection with the sale
or rental of housing which expresses a preference, limitation, or discrimination
based on race, color, religion, sex, handicap, familial status, or national
origin.
A general rule is to describe the property, not the purchaser,
tenant, seller, owner, neighbor, etc. Wording which describes a person or group
of persons, community or neighborhood is likely to express discrimination if
reference is made, either directly or indirectly.
Reprinted from "How to Sell it Fast & Get
the Right Price", by Laurie J. Bloom
(c) 1998, Multiple Listing Service of Long
Island, Inc. All Rights Reserved.
For your free copy, contact your
local MLS office.
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