Legal Requirements & Disclosures Flashcards

A landlord is leasing a unit in a building built in 1975. Which federal disclosure is required before the tenant is obligated under the lease?

Answer: Lead-based paint disclosure with the EPA pamphlet

Federal law requires lead-based paint disclosure and the EPA lead pamphlet for most housing built before 1978.

How long must a landlord or agent retain the signed lead-based paint disclosure acknowledgment for a residential lease?

Answer: 3 years

Lessors and agents must keep the signed lead disclosure for at least 3 years from the start of the lease.

Which pre-1978 rental is generally EXEMPT from the federal lead-based paint disclosure rule?

Answer: A lease of 100 days or less

Short-term leases of 100 days or less with no renewal option are exempt from the lead disclosure rule.

Unlike a home buyer, what lead-related right does a residential tenant NOT receive under federal law?

Answer: A 10-day opportunity to conduct a lead inspection

The 10-day lead inspection opportunity applies to purchasers, not lessees.

Under the federal Fair Housing Act, how many protected classes are there?

Answer: 7

The FHA protects race, color, religion, national origin, sex, familial status, and disability.

An applicant is denied an apartment based partly on a consumer credit report. What must the landlord provide under the FCRA?

Answer: An adverse action notice with the reporting agency's contact information

The FCRA requires an adverse action notice that identifies the consumer reporting agency and explains the applicant's rights.

Within how many days after receiving an adverse action notice can an applicant request a free copy of their consumer report?

Answer: 60 days

The FCRA entitles the applicant to a free report if requested within 60 days.