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