Although the federal government can't delegate the enforcement of the federal
lead -
based paint law to the states, the EPA and HUD have tried to
avoid duplication and to allow for the incorporation of the federal requirements into existing state laws, says NAR.
Avoid Inspection and Appraisal Issues A buyer could be under contract on a property with every possible thing wrong with it: furnace, water heater, HVAC, roof, sewer, structural, plumbing, electrical, grading, siding, decks, windows, asbestos,
lead -
based paint, etc., and this property would fly through the appraisal and underwriting without any issues.