When must lead-based paint disclosures be given to potential buyers?

Lead-based paint disclosures are required to be provided to potential buyers before the signing of the contract. This requirement is derived from federal regulations aimed at protecting buyers, especially in homes built before 1978, when lead-based paint was commonly used. By supplying this information early in the transaction process, buyers have the opportunity to review potential health risks associated with lead-based paint before they commit to purchasing the property. This proactive approach ensures that buyers can make fully informed decisions regarding their health and safety related to lead exposure, which is crucial in real estate transactions involving older homes.

Other options, such as providing disclosures at closing, during the loan application, or after a buyer's inspection, do not align with the intent of the regulation. These alternative timings would not offer the buyer sufficient information prior to a binding decision, which undermines the purpose of the disclosure in the first place. The law prioritizes early disclosure to promote buyer awareness and safety, making it essential that this information is available before any contracts are signed.