If you've recently purchased or leased a property, you may have had to sign something called the Lead-Based Paint Addendum. Don't worry, we won't judge if you don't remember signing it or don't know what it even means. We'll tell you. In California, if your home was built prior to 1978, there's a chance the paint used on the walls or other areas of the home was lead-based. Of course, medical advancements overtime have identified the dangers of lead. Today, by law, if your house was constructed prior to 1978, the buyer or tenant of your home will need to sign a Lead-Based Paint Addendum stating that there is the possibility of exposure to lead based paint. Here, it is the seller's responsibility to disclose if they have any knowledge of lead-based paint in the home. If you're that seller, don't hide the facts...it's a crime.
However, there's been recent buzz around the fact that you're criminally liable if your home contains lead-based paint. We're here to tell you that is NOT true. Here's the facts. The paint industry spread a rumor that you can be held criminally liable for lead-based paint in your home. They lost in a court ruling regarding the use of this scare tactic. Because of this, the ruling requires that paint companies pay the cost of abating lead-based paint in 10 municipalities. The court did NOT order current homeowners or sellers to remediate any lead-based paint in their homes.
Now, paint companies are attempting to qualify an initiative on the November ballot to absolve themselves of liability by shifting the burden of lead-based paint remediation costs onto the backs of California taxpayers.
With seven consecutive years of five-star status in Orange Coast Magazine, The Kurt Real Estate Group is among the elite. No matter where they’ve gone, they’ve set record sales. Whether you’re a buyer, seller, or investor, Kurt and his team work diligently, honestly, and with the utmost professionalism and are passionate about helping you achieve your real estate goals.
Kurt is ranked among the top two percent of Coldwell Banker agents nationwide. Kurt’s experience investing in and flipping homes and his connections with the Hollywood Film Industry give him an unparalleled edge and keen insight into market trends. The opportunity presented to you in working with Kurt is why The Kurt Real Estate Group is recognized as one of the top real estate teams in Orange County.
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"My husband and I worked with Liz Peters and Kurt Galitski during our relocation home sale. Due to their strategic marketing plan and negotiation skills, our home sold in a matter of days for more than we expected. Liz was exceptionally responsive, knowledgeable, and professional from listing through closing. An added bonus, I never had to chase information or paperwork because Liz was on top of every aspect of the sale. Anyone who has bought/sold a home before will appreciate how important this characteristic is. I wouldn’t hesitate to work with Liz again in the future. "