EnvironmentalIntermediateDelaware Exam

In Delaware, a seller of residential property who is aware of lead-based paint must provide the buyer with:

AA certified lead inspection report at seller's expense
BThe lead hazard pamphlet 'Protect Your Family from Lead in Your Home' and disclosure of known lead hazardsCorrect
CAn indemnification agreement for all lead-related expenses
DA 30-day contingency period for independent lead testing only

Why The lead hazard pamphlet 'Protect Your Family from Lead in Your Home' and disclosure of known lead hazards Is Correct

Answer B: The lead hazard pamphlet 'Protect Your Family from Lead in Your Home' and disclosure of known lead hazards

Under the federal Lead Disclosure Rule (Title X), sellers of pre-1978 housing must provide buyers with the EPA lead hazard pamphlet, disclose known lead-based paint and hazards, and give buyers a 10-day opportunity to conduct an inspection.

Exam Tip: Environmental

Environmental questions test knowledge of hazards like asbestos, lead-based paint, radon, and mold. Know the disclosure requirements and when a professional inspection is required. CERCLA liability is strict, joint, and several.

Key Environmental Terms in This Question

Contingency

A condition in a purchase contract that must be satisfied before the sale can proceed to closing.

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