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Payment of a financial obligation earlier than is expected or required.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.


A heavy metal shown to cause learning disabilities, behavioral problems, seizures, and even death in children.The Environmental Protection Agency (EPA) estimates that 3 to 4 million children had elevated lead levels in their blood in 1978. The number has now been reduced to several hundred thousand, but elevated lead levels in blood is still the leading environmentally induced illness in children.

Federal law that went into effect in 1996 requires sellers and landlords of properties built before 1978 (when lead-based paint became illegal) to do the following before any contract or lease becomes final:

1. Provide a copy of the EPA booklet, “Protect Your Family from Lead in Your Home.”
2. Disclose any known information concerning lead-based paint or lead-based paint hazards.
3. Provide any records and reports on lead-based paint and/or lead-based paint hazards.
4. Include an attachment to the contract or lease (or language inserted in the lease itself) that includes a lead warning statement and confirms that the seller or landlord has complied with all notification requirements.
5. Provide home buyers a 10-day period to conduct a paint inspection or risk assessment for lead-based paint or lead-based paint hazards.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive ?
We have our runner lead off with his shoulders facing the pitcher: step off with the right foot, slide the left foot over, and then take another step with the right foot--putting you in a maximum balanced position.
Crabb didn't allow a base runner until the third inning and possibly saved some of his best work as Crabb gave up a lead off walk to Ryley House.
The Halos took an early 3-0 lead off Byrd, but the Red Sox rallied for five runs in the bottom of the sixth.
Downstairs, bedrooms and a bathroom lead off a small hall under a translucent glass panel set into the living room floor to diffuse daylight downwards.
However, in the bottom of the ninth, Miguel Mercedes doubled to lead off the inning.
After Aramis Ademan singled to lead off the inning for Eugene, Bunal entered the game and retired the next three batters.
A brick-built fireplace is the focal point in the good-sized lounge, while stairs lead off to the first floor.
Ruiz doubled to lead off the ninth inning then scored the game s only run after leading off the 11th with another double.