Why Disclosing Information About Lead-Based Paint is Important

What are the consequences if a seller, landlord, or agent fails to comply with lead-based paint disclosure requirements?A seller, landlord, or agent who fails to satisfy lead-based paint disclosure requirements can be sued for triple the amount of damages and may be subject to civil and criminal penalties. Any broker or sales agent receiving compensation from the seller or landlord—either directly or through the listing broker—is considered an agent for purposes of lead-based paint disclosure requirements.