Arizona 6-Hour Contract Writing Course Practice Test

Question: 1 / 400

Federal law requires sellers of homes built before 1978 to provide the lead-based paint disclosure. When must it be provided?

Before closing

The requirement for sellers of homes built before 1978 to provide a lead-based paint disclosure is designed to ensure that buyers are adequately informed about the potential risks associated with lead-based paint in older homes. This disclosure must be provided before the closing of the sale, allowing buyers ample opportunity to review the information and understand any implications prior to finalizing the transaction. Ensuring that the disclosure is given prior to closing helps protect buyers and maintains compliance with federal regulations, which aim to prevent lead poisoning and protect public health.

Other options do not align with federal law, as disclosures must be made well in advance of the closing, whereas the timeline indicated in those choices either assumes a more immediate requirement or fails to provide the buyer with sufficient time to consider the information before completing the sale.

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When the contract is signed

Within 10 days after the contract is signed

Within three calendar days after the contract is signed

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