Environmental

Lead-based paint in a home built before 1978 must be disclosed to buyers. The disclosure form must include:

AThe estimated cost to remove the lead paint

BKnown information about lead-based paint hazards and the EPA's lead hazard pamphlet✓ Correct

CA list of all rooms containing lead paint

DA certified lead inspector's report

Explanation

The federal lead disclosure law requires sellers to disclose any known lead-based paint or hazards, provide the EPA 'Protect Your Family from Lead in Your Home' pamphlet, and include the disclosure in the contract.

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Key Terms to Know

Zoning

Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.

Variance

Official 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 Domain

The power of government to take private property for public use, with the requirement to pay the owner just compensation.

Adverse Possession

A doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.