24 CFR 35.90 – Opportunity to conduct an evaluation
Current as of: 2024 | Check for updates
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(a) Before a purchaser is obligated under any contract to purchase target housing, the seller shall permit the purchaser a 10-day period (unless the parties mutually agree, in writing, upon a different period of time) to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-based paint hazards.
Terms Used In 24 CFR 35.90
- Contract: A legal written agreement that becomes binding when signed.
(b) Notwithstanding paragraph (a) of this section, a purchaser may waive the opportunity to conduct the risk assessment or inspection by so indicating in writing.