Environmental
In Colorado, a seller of a home built before 1978 who fails to comply with lead-based paint disclosure requirements may face:
AA. No consequences if the buyer has children
BB. Federal civil penalties up to $20,706 per violation and potential criminal penalties✓ Correct
CC. Only a small fine from the county health department
DD. No penalties since the requirements are voluntary
Explanation
The Residential Lead-Based Paint Hazard Reduction Act imposes strict requirements. Sellers and agents who fail to disclose known lead-based paint, provide the required EPA pamphlet, or give buyers 10 days to test may face civil penalties (up to $20,706 per violation), criminal penalties, and civil lawsuits from buyers.
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