Who must sign a lead-based paint disclosure form for residential dwellings built before January 1, 1978?

The lead-based paint disclosure form is required to be signed by both the buyer and the seller when a residential dwelling built prior to January 1, 1978 is being sold. This requirement stems from federal regulations aimed at protecting buyers from potential health risks associated with lead-based paint.

By having both parties sign this disclosure, it ensures that the seller confirms they have provided the necessary information regarding known lead paint hazards, while the buyer acknowledges that they have received this information and understand the implications. Including both agents' signatures is often standard practice to document their involvement in the transaction and that they facilitated the disclosure properly, even if not legally mandated, which aligns with best practices in real estate transactions.

This collaborative signing process reinforces the transparency and communication essential in real estate dealings, especially concerning properties that may contain hazardous materials. The other options do not encompass the requirement for both buyer and seller, nor do they consider the standard practice of agent involvement, leading to potential gaps in compliance and understanding of lead safety regulations.