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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 ?
Web Leads will follow its tradition in how they send out verified leads to clients.
Producers can then bring the additional knowledge they have of the industry, and also generate leads from sources that know each other or have similar needs.
The Maillefer design elongates the lead that starts on the pushing side of the primary flight and ends on the trailing flight.
Lead Locator is accessible via the Web through www.SiteXData.com.Lead data may be easily downloaded and is compatible with most contact management software applications.
Indeed, the men who developed high blood pressure during the recent study had in their bones lead concentrations, or lead burdens, that came from decades of everyday exposures.
Along with the new App lead buying platform, Web Leads will continue offering its SEO, web design, and call center lead packages.
PVC heat stabilizers feature mixed-metal stabilizers (barium/cadmium, barium/zinc, calcium/zinc, noncadmium, and lead replacements) used primarily in flexible vinyl applications; lead stabilizers used predominantly for wire and cable; and tin stabilizers primarily for rigid PVC.
the Department of Health and the Department of Housing Preservation and Development have been forced to issue new regulations for complete and total removal of lead paint that are unrealistic and harmful to both the public and private rental housing industry.
The elimination of leaded gasoline and the increasing public awareness about the dangers of lead exposure have resulted in a decrease in the blood lead (PbB) content of children in the United States.
Increasing scientific evidence shows that exposure to another heavy metal, mercury, during fetal and neonatal periods leads to a variety of developmental problems affecting motor skills such as walking and speech, and may cause mental retardation.
The article "Lead Contamination in Cocoa and Cocoa Products: Isotopic Evidence of Global Contamination" (Rankin et al.
* Scientists think composer Ludwig van Beethoven was poisoned by lead. His hair contained lead levels that were 100 times greater than normal.