Environmental
Under federal law, sellers of homes built before 1978 must:
ARemove all lead paint before closing
BDisclose known lead-based paint hazards and provide the EPA lead paint pamphlet✓ Correct
CObtain a lead paint certification from the Ohio EPA
DPay for a lead paint inspection regardless of results
Explanation
The Residential Lead-Based Paint Hazard Reduction Act (Title X) requires sellers of pre-1978 homes to disclose known lead-based paint hazards, provide any available records, and give buyers the EPA's lead hazard pamphlet.
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Key Terms to Know
Title Insurance
Insurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
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