Episode Details

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. This episode covers content for the National Real Estate Exam. In this episode you will learn: - Federal disclosure requirements apply to residential properties built before 1978. - Sellers must provide the EPA pamphlet and disclose known lead hazards without being forced to test. - Buyers have a ten-day window to inspect for lead unless they choose to waive it in writing. - Real estate licensees are legally responsible for ensuring that all parties comply with the Lead-Based Paint Hazard Reduction Act. - Lead-based paint disclosure records must be retained by all parties for a minimum of three years. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep