Lead is a toxic metal once commonly used in construction materials such as plumbing pipes and paint, but now it is identified as a hazardous substance. Its presence in property necessitates special disclosures during transactions.
Lead-based paint is considered a hazardous material and capable of causing poisoning. Disclosure of its existence in a property is mandatory when selling or leasing, as dictated by federal laws such as the Residential Lead-Based Paint Hazard Reduction Act of 1992.
