Real estate law in New Jersey is constantly evolving and it is important for both buyers and sellers to stay up-to-date on the latest developments. One current topic of interest is the state's new statute regarding the disclosure of lead paint hazards.
As of December 2022, all residential rental properties built before 1978 must be inspected for lead paint hazards before being rented out. Landlords must provide prospective tenants with a written disclosure of any known lead paint hazards, as well as any information on lead-based paint inspections and risk assessments that have been performed on the property. In addition, landlords must also provide a lead hazard information pamphlet to prospective tenants.
This new law aims to protect tenants, especially children and pregnant women, from the harmful effects of lead exposure. Lead paint can cause serious health problems such as anemia, developmental delays, and behavioral issues. The disclosure requirement helps to ensure that tenants are aware of any potential lead hazards and can make informed decisions about where they choose to live.
It is important for landlords to comply with this new law, as failure to do so can result in significant fines and legal penalties. In addition, landlords who knowingly violate the law can face additional legal consequences, including criminal charges.
This new law is a positive step forward in protecting the health and safety of tenants in New Jersey. However, it is important for both landlords and tenants to be aware of their rights and responsibilities under the law to ensure that everyone is protected. If you have any questions or concerns about the disclosure of lead paint hazards in your rental property, it is best to consult with a qualified real estate attorney.
If you have any questions about real estate matters in the State of New Jersey, please contact me today at (732)515-5593.