Industry News

Minneapolis landlord settles lead-paint probe, will pay fine

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A Minneapolis landlord accused of failing to inform tenants that their homes might contain potentially dangerous levels of lead has settled an investigation by three federal agencies, agreeing to clean up any hazards and pay a civil fine, the Department of Housing and Urban Development announced Thursday. Steven J. Meldahl, the owner of SJM Properties, has agreed to disclose any known lead-based-paint hazards to his tenants and to test for and clean up any hazards in his 34 Minneapolis rental homes, according to the settlement, which also involved the Environmental Protection Agency and the U.S. Attorney's Office for the District of Minnesota. Meldahl will pay a civil fine of $5,000 for violating the federal disclosure law and agrees to comply with the Lead Disclosure Rule in the future, HUD reported. The rule requires home sellers and landlords of housing built before 1978 to provide each purchaser or tenant with a lead information packet, any available information and/or reports co...