Lead Based Paint Addendum Form - Nc Real Estate Commission printable pdf download

Lead Based Paint Addendum

Location of Home:

Address ____________________________________________

City

____________________________________________

County

____________________________________________

State

____________________________________________

Seller warrants that the home was built (check and/or complete one):

_____ In the year of

_____ Before 1978.

_____ In or after 1978.

_____ Seller cannot warrant year home was built.

In the event this home was constructed before 1978 or should contract not clearly establish that home was

built during or after 1978 all parties acknowledge and agree that:

1. Seller warrants that they neither have knowledge of, nor records or reports pertaining to lead-based paint

and/or lead based paint hazards in the property.

2. Said contract on home constructed prior to 1978 is also contingent upon a risk assessment or inspection

of the property for the presence of lead based paint and/or lead based paint hazards at the purchasers

expense until 9pm on the tenth calendar day after contract acceptance (intact lead based paint that is in good

condition is not necessarily a hazard. See EPA pamphlet “protect your family from lead in your home” for

more information.)

This contingency will terminate at the above pre-determined deadline unless the

purchaser delivers to seller a written contract modification (addendum) listing the specific existing

deficiencies and corrections needed, together with a copy of the inspection and/or risk assessment report.

The seller may within 10 days of delivery of the addendum, elect in writing whether to correct the condition

prior to settlement. If seller will correct the condition, the seller shall furnish the purchaser with a certificate

from a risk assessor or inspector demonstrating that the condition has been remedied before the date of

settlement. If the seller does not elect to make repairs, or if the seller makes a counter offer, the purchaser

shall have 10 days to respond to the counter offer or remove the contingency and take the property in “as

is” condition, or this contract shall become void and all earnest monies shall be refunded. The purchaser

may remove this contingency at any time without cause.

CERTIFICATION OF ACCURACY: The following parties have reviewed the information above and

certify, to the best of their knowledge, that the information they have provided is true and accurate.

Seller: ____________________________________ Date: __________________

Buyer: ____________________________________ Date: __________________

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Lead Based Paint Addendum Form - Nc Real Estate Commission