Podcast
Questions and Answers
What should agents do in relation to lead paint hazards before selling a property?
What should agents do in relation to lead paint hazards before selling a property?
- Ignore the risks associated with lead paint
- Continue with the sale without any action
- Inform the buyer and proceed with the sale
- Take steps to remediate any hazards (correct)
Which of the following is a crucial consideration for agents when dealing with lead paint in a property sale?
Which of the following is a crucial consideration for agents when dealing with lead paint in a property sale?
- Being aware of the risks and remediating them (correct)
- Selling the property as quickly as possible
- Ensuring all furniture is included in the sale
- Minimizing energy consumption in the property
What is the recommended action for agents if they find lead paint hazards in a property?
What is the recommended action for agents if they find lead paint hazards in a property?
- Inform the seller and walk away from the deal
- Ignore the hazards and hope for the best
- Address and remediate the hazards before the sale (correct)
- Proceed with the sale and let the buyer handle it
How can agents protect themselves from liability related to lead paint hazards during a property transaction?
How can agents protect themselves from liability related to lead paint hazards during a property transaction?
In real estate transactions, what role does risk mitigation regarding lead paint play?
In real estate transactions, what role does risk mitigation regarding lead paint play?
What disclosure form must sellers provide buyers for houses built before 1978 in Rhode Island?
What disclosure form must sellers provide buyers for houses built before 1978 in Rhode Island?
In Rhode Island, what year is the threshold for houses requiring sellers to provide an EPA-approved lead paint disclosure form to buyers?
In Rhode Island, what year is the threshold for houses requiring sellers to provide an EPA-approved lead paint disclosure form to buyers?
What is the consequence for sellers in Rhode Island failing to provide buyers with the necessary lead paint disclosure form for houses built before 1978?
What is the consequence for sellers in Rhode Island failing to provide buyers with the necessary lead paint disclosure form for houses built before 1978?
How can Rhode Island agents ensure compliance with lead paint disclosure laws for houses built before 1978?
How can Rhode Island agents ensure compliance with lead paint disclosure laws for houses built before 1978?
What is a specific requirement for sellers of houses built before 1978 in Rhode Island related to lead paint?
What is a specific requirement for sellers of houses built before 1978 in Rhode Island related to lead paint?
