Course: A buyer's agent in Delaware is showing a property built in 1970. What disclosure regarding lead-based paint is required, regardless of the buyer's intended use of the property? (EN)

Chapter Introduction: Lead-Based Paint Disclosure Requirements in Delaware Real Estate (1970 Property)

1. Identify the federal and Delaware state laws mandating lead-based paint disclosure in real estate transactions involving pre-1978 housing.

2. Describe the specific disclosure requirements applicable to buyer's agents presenting properties built before 1978, including the provision of the EPA-approved "Protect Your Family From Lead in Your Home" pamphlet, disclosure of any known lead-based paint or lead-based paint hazards, and the opportunity for a lead inspection or risk assessment.

3. Explain the legal ramifications of non-compliance with lead-based paint disclosure regulations, including potential civil and criminal penalties.

4. Apply the knowledge of disclosure requirements to a specific scenario involving a property built in 1970 in Delaware, demonstrating an understanding of the necessary steps to ensure compliance, irrespective of the buyer's intended use of the property.

5. Differentiate between the responsibilities of buyer's agents, sellers, and landlords in the context of lead-based paint disclosure.