When you’re a landlord, dealing with lead paint and mold in Minneapolis, MN is part of the job. If there might be lead paint or mold in your rental property, you need to minimize the exposure and protect your property and your tenants against illness.
Lead Based Paint
The Lead Based Paint Disclosure Act was passed in 1996, and it requires you to disclose the presence of lead based paint in your home. There’s a pamphlet that explains the risks and problems with lead based paint, and if your property was built before 1978, you need to provide it to any potential renters. If you don’t disclose this lead paint, you will face a large fine.
Repairs to Homes with Lead Based Paint
The Renovation and Repair Paint Act addresses how maintenance needs to be handled on a property that may have lead based paint. Any repairs that affect the lead paint surfaces could cause hazards and problems. Therefore, maintenance work and repairs on any home built before 1978 must be handled by a contractor who is licensed to handle lead based paint. These precautions are in place to protect your tenants, and you have to take them seriously. If any repair work disturbs more than 20 square feet of outside space or six square feet inside the house, you need the lead paint specialist to help you. Pay attention to this requirement when you’re hiring maintenance vendors.
Be sure to keep records and documentation so you can prove that you have disclosed and properly handled repairs when lead based paint is involved.
If mold develops at your property, the health of your tenants could be at risk and the value of your property could also suffer. There are not any laws in place that require you to specifically disclose mold at your property. However, you do want to get it removed as quickly and efficiently as possible. There are a number of different types of mold that can grow in a property, and you’ll need to know how to identify it and remove it.
Working with a property management company that has a lot of experience in these areas will help you stay in compliance and protect your home and tenants. Contact Residential Property Management, Inc. if you have any questions or you need any help.