Lead Law Update (FAQ Series): Can a real estate agent or property management company be fined for non-compliance with the lead law?
We are regularly receiving questions regarding the new Lead Law and have created a weekly “Frequently Asked Questions” (FAQ’s) forum for you as you desire to become more informed of the Lead Law and its complexity.
This week we are featuring a common question:
Question: Can a real estate agent or rental management company be fined for non-compliance with the lead law?
Answer: Yes, up to $2000/day for failure to comply, which can also be assessed against the “representative of an owner” which includes a real estate agent or management company.