What lead-based paint information must be provided to the purchaser of a HUD Real Estate Owned (REO) Property?

For all HUD REO Properties built before 1978 or for which the year of construction is unknown, buyers will have access to available lead-based paint information in the Property Condition Report (PCR), including all available copies of:

  • lead-based paint inspection reports;
  • risk assessment reports; and
  • other records and reports pertaining to lead-based paint and/or lead-based paint hazards.  

The buyer may request paper copies of this information from the local Asset Manager (AM).
 
The selling broker is responsible for ensuring that the following are provided to the buyer for review:

  • form HUD-9545-Y, Lead-Based Paint Disclosure Addendum to Sales Contract – Seller has pertinent records, or form HUD-9545-Z, Lead-Based Paint Disclosure Addendum to Sales Contract – Seller has NO pertinent records, as applicable;
  • all available lead-based paint records and reports; and
  • the U.S. Environmental Protection Agency (EPA)-approved pamphlet entitled “Protect Your Family from Lead in Your Home.”  
 
If HUD obtains additional lead-based paint records, reports and/or information after receiving a sale offer, HUD will deliver to the selling broker:
  • the additional lead-based paint records, reports and/or information on the subject Property that became available and were not posted on HUD’s website for retrieval prior to bid submission; and
  • a supplemental form HUD-9545-Y, Lead-Based Paint Disclosure Addendum to Sales Contract – Seller has pertinent records, acknowledging receipt of any additional lead-based paint or lead-based paint hazard-related documents.  


Responsible parties should be familiar with the Fair Housing and Lead-Based Paint guidance document, as well as, the Lead Disclosure Rule available on HUD's website at https://www.hud.gov/program_offices/healthy_homes/enforcement/disclosure

More information on the Lead Disclosure Rule is available from the National Lead Information Center by calling 1-800-424-LEAD (5323) or by visiting the Environmental Protection Agency’s website at https://www.epa.gov/lead 

For additional information please contact the Asset Manager with jurisdiction over the property.  To locate contact information for the Asset Manager please visit the HUD Homestore website at https://www.hudhomestore.com/ and click “Help” in the gray tool bar.

For policy information see Handbook 4000.1 Section IV.B.2.e. at https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh


All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.


Topic Number: KA-03475