Addendum Regarding Mold Template printable pdf download

ADDENDUM REGARDING MOLD

For Use in the Lease or Sale of any Residential Property

EFFECTIVE as of January 1, 2003

Concerning the Property at: ______________________________________________________________

MOLD WARNING STATEMENT: Every Tenant or Buyer of any interest in residential real property on

which a residential dwelling was/is built is notified that such property may present exposure to mold. The

presence of mold may constitute a health hazard, particularly to those with mold allergies. There are currently no

federal or state mandated standards for acceptable levels of mold. The Landlord/Seller of any interest in

residential real property is required to provide the Tenant/Buyer with any information on the presence of mold

from risk assessments or inspections in the Landlord/Seller’s possession and notify the Tenant/Buyer of any

known mold presence. A risk assessment or inspection for possible mold is recommended prior to purchase or

occupancy.

LANDLORD/SELLER DISCLOSURE:

(1)

Presence of Contamination by Mold or other fungi: [Check (a), (b), or (c)]

[ ]

(a) LANDLORD/SELLER HAS NO KNOWLEDGE OF MOLD OR OTHER

FUNGI HAZARDS IN THE PROPERTY. (This is not a representation that the Property is free

of Mold or other fungi, but is only a statement of Landlord/Seller’s knowledge).

[ ]

(b) THIS PROPERTY HAS THE PRESENCE OF MOLD OR OTHER FUNGI

HAZARDS: Landlord/Seller has been made aware by written professional analysis of Mold or

other fungi hazards in the Property.

[ ]

HAZARDS: Seller has reports pertaining to mold or other fungi hazards in the Property. Seller

has an air clearance report.

(2)

Records and reports available to Landlord: [Check (a) or (b)]

[ ]

(a) Landlord/Seller has no reports or records pertaining to Mold or other fungi hazards

in the Property.

[ ]

(b) Landlord/Seller has provided Tenant/Buyer with all available records and reports

pertaining to Mold and other fungi hazards in the Property.

TENANT/BUYER’S RIGHTS:

[Please Check (a) or (b)]

[ ]

(a) Buyer waives the opportunity to conduct a risk assessment or inspection of the

Property for the presence of mold or other fungi hazards.

[ ]

(b) Within ten (10) days after the effective date of this agreement, Tenant/Buyer may

have the Property inspected for the presence of mold or other fungi. If mold is present,

Tenant/Buyer Initials _______ _______

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Addendum Regarding Mold Template