Florida Real Estate Exam

Category - Florida

A woman’s listing is a beautiful home in the historic district of Tampa.  The home was built in the early 1900s; therefore, she gives the buyer a lead-based paint disclosure at the closing.  Which of the following statements applies to this situation?

  1. The law requires the woman to give the buyer the disclosure prior to contract.
  2. Homes located in a historic district are exempted from the lead based paint disclosure requirements.
  3. The woman’s actions are in compliance with the law.
  4. The disclosure is only required if the buyer intending to occupy the property has children under the age of five.
Explanation
Answer A - The lead-based paint disclosure law requires that the disclosure be given prior to contract.

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