Environmental
The Residential Lead-Based Paint Hazard Reduction Act requires sellers to provide buyers a 10-day period to:
AComplete a home inspection
BConduct a lead-based paint inspection or risk assessment✓ Correct
CReview the seller's disclosure form
DObtain financing approval
Explanation
Federal law gives buyers of pre-1978 homes a 10-day period (which can be waived) to conduct a lead-based paint inspection or risk assessment before becoming obligated under the contract. The seller must disclose known lead hazards and provide the EPA pamphlet.
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