An Educational Newsletter provided by Team Utah REO a division of Windermere
Lead Based Paint Addendum
Lead based paint addendums that are incorrectly completed by selling brokers are one of the top reasons that HUD contracts require corrections.
Please keep in mind the following tips to help minimize contract errors;
- All properties built prior to 1978 must have a Lead Based Paint addendum attached to the sales contract. The Selling agent must use the case specific Lead Based Paint Addendum that can be found attached under the “Addendums” tab for applicable properties on hudhomestore.com
- If required, Item 11 on HUD 9548 sales contract must be checked – Lead Based Paint Addendum [X] “Is” attached
- The HUD Registered Selling Broker (not selling agent) must initial the applicable “Financing Type” & they must initial the “Broker Acknowledgement” section on the last page of the Lead Based Paint Addendum. Brokers can NOT use check marks, they must initial as indicated
- Purchaser must initial both “Purchaser Acknowledgement” sections on last page of addendum. Selling agent is required to ensure purchaser receives a copy of the pamphlet “Protect Your Family From Lead In Your Home”. A pdf version of the required pamphlet is available to download free at;
- Both HUD Registered Broker and Buyer need to sign and date on last page of Lead Based Paint Addendum
- The Lead Based Paint Addendum and all other documents included in the HUD contract package must be signed in BLUE ink
If the buyer is using FHA financing and deteriorated lead-based paint is found, HUD will pay up to $4,000 to stabilize Lead Based Paint issues.
The Lead Based Paint Addendum is required only if the home was built prior to 1978.
If you have any questions regarding how to complete a Lead Based Paint addendum correctly, please don’t hesitate to contact Team Utah Real Estate.