What is required for homes built before 1978 regarding lead-based paint?

Homes built before 1978 are subject to specific regulations regarding lead-based paint due to the potential health risks associated with lead exposure, particularly for children. The requirement for a lead-based paint disclosure is mandated by the Environmental Protection Agency (EPA) and the Department of Housing and Urban Development (HUD).

This disclosure must be provided to potential buyers or tenants of the property, informing them of the possible presence of lead-based paint and its hazards. The intent is to ensure that individuals are made aware of the risks so they can make informed decisions regarding their health and safety or potential renovation plans.

While inspections, special mortgage applications, and renovation permits may also be relevant in some contexts, they do not meet the specific disclosure requirement that aims to educate potential occupants about lead risks. Therefore, the correct answer emphasizes the necessity of providing a lead-based paint disclosure for homes built before the cutoff year.