Answer: In some cases, disclosure may actually reduce the owner’s liability since occupants may be able to prevent exposure from the beginning. Under the Real Estate Notification and Disclosure rule, however, sellers, landlords, or agents who fail to provide the required notices and information are liable for triple the amount of damages. 42 U.S.C. § 4852d(b)(3).
Question Number: 23002-33228
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EPA/HUD Real Estate Notification & Disclosure Rule