A federal lead-based disclosure gives the buyer how many days to conduct inspections for lead-based paint unless waived in writing?

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The federal lead-based paint disclosure, which is a requirement for transactions involving properties built before 1978, grants buyers a period of 10 days to conduct inspections for lead-based paint hazards unless they choose to waive this right in writing. This provision is designed to ensure that buyers have ample opportunity to assess the presence of lead-based paint, which can pose serious health risks, particularly to young children and pregnant women. By allowing a full 10 days, the regulation balances the need for necessary due diligence with the practical aspects of real estate transactions, giving buyers time to arrange for professional inspections or testing.

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