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200407897 <br />dwelling was built prior to 1978 is notified that such property may present exposure to lead from <br />lead -based paint that may place young children at risk of developing lead poisoning. Lead <br />poisoning in young children may produce permanent neurological damage, including learning <br />disabilities, reduced intelligence quotient, behavioral problems, and impaired memory. Lead <br />poisoning also poses a particular risk to pregnant women. The seller of any interest in <br />Residential Real Property is required to provide the buyer with any information on lead -based <br />paint hazards from risk assessments or inspections in the seller's possession and notify the buyer <br />of any known lead -based paint hazards. "Residential Real Property" means any housing <br />constructed prior to 1978, except housing for the elderly (households reserved for and composed <br />of one or more persons 62 years of age or more at the time of initial occupancy) or persons <br />with disabilities (unless any child who is less than 6 years of age resides or is expected to <br />reside in such housing) or any 0- bedroom dwelling. <br />2. Available information concerning known lead -based paint and/or lead -based paint <br />hazards, the location of lead -based paint and/or lead -based paint hazards, and the condition of <br />painted surfaces is contained in the Environmental Baseline Survey and (for residential <br />properties) the lead -based paint assessment, which have been provided to the Grantee. All <br />purchasers must receive the federally- approved pamphlet on lead poisoning prevention. The <br />Grantee hereby acknowledges receipt of all of the information described in this subparagraph. <br />3. The Grantee acknowledges that it has received the opportunity to conduct its own <br />risk assessment or inspection for the presence of lead -based paint and/or lead -based paint <br />hazards prior to execution of this document. <br />4. The Grantee covenants and agrees that it shall not permit the occupancy or use of <br />the buildings or structures on the Property as Residential Real Property without complying with <br />this section and all applicable Federal, state, and local laws and regulations pertaining to lead - <br />based paint and/or lead -based paint hazards. Prior to permitting the occupancy of the Property <br />where its use subsequent to sale is intended for residential habitation, the Grantee specifically <br />agrees to perform, at its sole expense, the Army's abatement requirements under Title X of the <br />Housing and Community Development Act of 1992 (Residential Lead -Based Paint Hazard <br />Reduction Act of 1992) (hereinafter Title X). <br />5. The Grantee shall, after consideration of the guidelines and regulations established <br />pursuant to Title X: (1) Comply with the joint HUD and EPA Disclosure Rule (24 CFR 35, <br />Subpart H, 40 CFR 745, Subpart F), when applicable, by disclosing to prospective purchasers the <br />known presence of lead -based paint and/or lead -based paint hazards as determined by previous <br />risk assessments; (2) Abate lead -based paint hazards in pre -1978 buildings and structures in <br />paint, dust and bare soil in accordance with the HUD Guidelines, and (3) Comply with <br />the EPA lead -based paint work standards when conducting lead -based paint activities <br />(40 CFR 745, Subpart L). <br />C9 <br />i <br />