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Barak Schafer
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6
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Lead paint removal and disclosures

Barak Schafer
Posted

My wife and I are looking at buying and rehabbing a historic home in North Carolina that has lead paint.  

If we pay to have a professional abatement (complete lead paint removal), do we still need to disclose on the sale of the house? Also, if we eventually AirBnB the house, do we need to disclose that? It seems like no but I'm having a hard time finding out for sure.  Does anyone have any resources that say one way or another for certain?

On a side note, if any private lenders read this post, I'm starting to seriously look at the lending for this.  Shoot me a private message.

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