Code of Federal Regulations Title 24. Housing and Urban Development § 24.35.80 Purpose

This subpart implements the provisions of 42 U.S.C. 4852d, which impose certain requirements on the sale or lease of target housing. Under this subpart, a seller or lessor of target housing shall disclose to the purchaser or lessee the presence of any known lead-based paint and/or lead-based paint hazards;  provide available records and reports;  provide the purchaser or lessee with a lead hazard information pamphlet;  give purchasers a 10–day opportunity to conduct a risk assessment or inspection;  and attach specific disclosure and warning language to the sales or leasing contract before the purchaser or lessee is obligated under a contract to purchase or lease target housing.