Tuesday, January 17, 2012

The Importance of Lead Paint Disclosure

The U.S. Environmental Protection Agency (EPA) recently fined three Massachusetts property management companies for their failure to disclosure the presence of lead paint in 11 rental units. All together, the three companies agreed to pay $16,000 to resolve claims by the EPA that they violated the federal lead paint disclosure law. It is common knowledge these days that lead-based paint is a hazard, but few landlords know their responsibilities under the law regarding how to handle rental units that still possess lead paint. Moreover, landlords are not the only ones who need to be aware of their legal responsibilities – the federal lead paint disclosure law applies to property owners, property managers, and real estate agents alike.

Under Massachusetts law, landlords also have responsibilities regarding lead paint. In short, the existence of lead paint in a residential unit is a violation of the State Sanitary Code, though the landlord may delay a full de-leading under specific circumstances laid out by statute. A Massachusetts landlord is also required to supply prospective tenants with documents notifying the tenant of the presence of lead paint. Failure to comply with the lead paint statutes and regulations can subject the landlord to damages, and landlords who willfully fail to take action after notification of the presence of lead paint are liable for treble damages.

As the recent EPA fines prove, if you are a landlord, real estate agent, or anyone else who regularly deals with property management, you must know your responsibilities under the law, or suffer costly consequences.

Tuesday, January 3, 2012

Speaking Event: Be A Smart Residential Landlord


For 2012, I'll be speaking about one topic or another relating to my practice areas.  The first one is scheduled for February 15, 2012 at my office and the subject is "Be a Smart Residential Landlord:  How to Make Money and Stay Out of Trouble."

I'll be speaking about the various statutes and regulations that come into play when you are a residential landlord, and what you need to do legally and practically to, as the name states, stay out of trouble and make some money. 

Please join me for this free event.  My office is small so space is limited.  Please click the link below to sign up on eventbrite.

http://tinyurl.com/7d5nt56