Resolution 01-EDA150 - Laserfiche WebLink

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. . . SALES CONTRACT LEAD-BASED PAINT EVALUATION CONTINGENCY This contract is contingent upon a risk assessment or inspection of the property for the presence of lead-based paint and/or lead- based paint hazards at the Purchaser's expense until 12 noon on the ____ calendar day after acceptance, on ________. date This contingency will terminate at the above predetermined deadline unless the Purchaser or Purchaser's agent delivers to the Seller or Seller's agent Part D of this Addendum listing the specific lead-based paint hazards and corrections needed, together with a copy of the inspection and/or risk assessment report. The Seller may, at the Seller's option, within five days after delivery of Part D of this Addendum, elect in writing whether to correct the hazard(s) prior to settlement. If the Seller will correct the hazard(s), the Seller shall furnish the Purchaser with certification from a risk assessor or inspector demonstrating that the hazard(s) have been remedied before the date of the settlement. If the Seller does not elect to make the repairs. or if the Seller makes a counter offer, the Purchaser shall have five days to respond to the counter offer or remove this contingency and take the property in its "as is" condition or this contract shall become void. The Purchaser may remove this contingency at any time without cause. INTACT LEAD-BASED PAINT THAT IS IN GOOD CONDITION IS NOT NECESSARILY A HAZARD. See EPA Pamphlet Protect Your Family from Lead in Your Home for more information. Lead-Based Paint Addendum to the Sales Contract. Property Built Before 1978, including Part A, Disclosure of Information on Lead-Based Paint and/or Lead Based Paint Hazards, Part C, Owner-Occupant Certification (if applicable) and Part D, Purchaser's Addendum to the Sales Contract - Release of Lead-Based Paint Evaluation Contingency, if applicable, must also be completed and made a part of this Sales Contract. Page 2 of 4 (10/99) t