What must be included in a sale contract for a home built before 1978?

A sale contract for a home built before 1978 must include a lead-based paint disclosure because homes constructed during that time period often contain lead-based paint, which can pose significant health risks, particularly to young children and pregnant women. This federal requirement ensures that buyers are informed about the potential dangers and can take appropriate precautions.

The lead-based paint disclosure must notify buyers of the presence of lead-based paint hazards and provide them with the opportunity to conduct a risk assessment or inspection before the sale is finalized. This is important for consumer protection and public health.

While items like home warranty details, energy efficiency ratings, and inspection reports may be beneficial and are often included in various real estate transactions, they are not specifically mandated by law for homes built before 1978. The lead-based paint disclosure is a critical element designed to address the unique risks associated with older homes.