Lead exposure a big concern in rental real estate

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Q: When I recently went to sign my lease I was handed a lead brochure and asked to sign a receipt. What's this all about? A: Published by the Environmental Protection Department (EPA) this helpful brochure is titled "Protect Your Family From Lead in Your Home." It was designed to comply with a federal law requiring lead information be given to anyone purchasing, renting or renovating housing that was built before 1978. Why 1978? That was the year the federal government banned the use of lead-based paint in housing. Since lead paint was widely used for many years, the older the property the higher the lead paint potential. Years of accumulated paint, stretching back before the law took effect, often lurks in layers below the surface. The reason you were handed the brochure was to comply with Title X, (the Residential Lead-Based Paint Hazard Reduction Act), a law passed by Congress in 1992. Because the law is federal, it applies to all states in the nation, and was put into effect in...