Oregon Property Management Companies Fined for Failure to Disclose Lead-Based Paint Hazards

lead paint cover

Disclosure Pamphlet

(OnlineEd – Portland, OR) – Two Oregon property management companies were ordered by the U.S. Environmental Protection Agency to pay more than $15,000 in federal penalties as a result of failing  to disclose lead-based paint hazards to renters.

According to an EPA and U.S. Department of Housing and Urban Development joint inspection, the companies failed to disclose  lead paint and lead-based paint hazards information to renters.

Because of health risks associated with lead, Federal lead disclosure rules require property owners, property management companies, and real estate agencies to inform potential renters or buyers of the presence of lead-based paint and lead-based paint hazards in housing built before 1978.

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More about lead disclosure rules and hazards: http://www2.epa.gov/lead/real-estate-disclosure

June 25, 2013

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About Jeff Sorg

Jeff Sorg is a co-founder of OnlineEd®, an online real estate, mortgage broker, and vocational school founded in 1997, where he also serves as Chief Executive Officer, and School Director. Sorg holds vocational and post-secondary school instructor licenses in several states and has authored numerous real estate continuing education and pre-licensing courses and has been awarded the International Distance Education Certification Center's CDEi Designation for distance education. Memberships include ARELLO (Association of Real Estate License Law Officials), the National Association of REALTORS®, Oregon Association of REALTORS®, and Portland Metro Association of REALTORS®. Awards and service include REALTOR® Emeritus in the National Association, Life Member award in Portland Metro Association and Chairperson of the Oregon Real Estate Forms Committee. OnlineEd® provides real estate, mortgage broker, insurance, and contractor pre-license, post-license, continuing education, career enhancement, and professional development and designation courses over the Internet.