Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 5 years ago,

User Stats

9
Posts
3
Votes
Michael Stockwell
  • Rental Property Investor
  • Chicago, IL
3
Votes |
9
Posts

Lead based paint possible. Covered by dropped ceiling.

Michael Stockwell
  • Rental Property Investor
  • Chicago, IL
Posted

Thank you all for your help in advance and appreciate any advice you have.

Bought a property with an existing tenant. Seller disclosed no knowledge of lead based paint. Has drop ceiling installed. After looking above the ceiling in one of the rooms there is visible peeling paint. Property is 100 years old.

1. Is it worth testing to discover if the paint is in fact lead based beyond the assumption or will I become liable now with the knowledge of the lead paint present.

2. Is it possible to go after the seller if they clearly knew about the paint and attempted to hide it.

3. Is this an issue that needs to be addressed or is the drop ceiling enough to separate any potential issues.

Loading replies...