State and Federal law requires that for properties built before 1978, property owners must disclose any known information on lead-based paint hazards before leasing their property. Even if the property owner did not cause or is not aware of any lead-based hazards in the property, they still have a legal obligation to inform potential tenants that such hazards might exist. Property owners have no obligation under the federal regulations to inspect their properties for lead-based paint or to remove lead-based paint or abate any lead-based hazards that may exist on their properties. Federal regulations impose only a duty to disclose known lead-based paint facts. Residential lease agreements must include lead-based paint disclosures before they can take effect. Please complete the following so that we may properly disclose any know lead-based paint hazards to prospective tenants as required by law. Failure to complete this section could render leases invalid and subject the property owner to federal penalties of up to $16,000 and up to triple the amount of damages suffered by tenants as a result of lead-based paint hazards.