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Updated almost 5 years ago, 02/14/2020

User Stats

3
Posts
0
Votes
Jack Bingha
  • Attorney
  • Hackensack, NJ
0
Votes |
3
Posts

Interior Lead Paint

Jack Bingha
  • Attorney
  • Hackensack, NJ
Posted

My pregnant wife and I were in the process of purchasing a two family home. This is our first home purchase. We had a professional lead test and it turns out that all the walls have lead paint (which is completely painted over with new paint).

Now, knowing there’s lead paint everywhere, we would need to make this disclosure to any potential tenants. Also, the lead paint is primarily on walls that shouldn’t be disturbed, but there are massive potential liability issues if the paint were to chip and be consumed by an infant. Lastly, I worry if this is something we’d need to disclose to an insurance company.

Is this a deal killer?

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