A Boston landlord faces charges of nearly $85,000 for not disclosing lead hazard information. The federal Disclosure Rule is meant to provide tenants with adequate information about the risks associated with lead paint before they sign a lease.
Federal law requires property owners, property managers, and real estate agents leasing or selling houseing built before 1978 to provide certain information to tentants and buyers including the EPA brochure "Protect Your Family From Lead in Your Home", lead warning statements, statements disclosing any known lead based paint or lead based paint hazards, and copies of any available reports.
Property owners, property managers, and real estate agents all share equal responsibility for disclosure and must keep records for a minimum of 3 years. So, know your role or you could end up with heafty fines.
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